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Eugene Melnyk pulls off a tricky $150-million refinancing Add to ...

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Eugene Melnyk has finally resolved a complicated debt repayment that engrossed a Canadian pharmaceutical company and a group of sophisticated lenders.

As of Tuesday, CIT Financial Ltd., which worked on behalf of the lending syndicate, said its clients have been repaid in full, and Mr. Melnyk announced that a $150-million refinancing is now in place.

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