HY bonds expected as KKR buys Serbia BroadBand
KKR has emerged as the winner in the sales process of Serbia BroadBand. The private equity firm announced the acquisition today, which should mean another LBO financing in the high yield bond market.
KKR is buying the SBB/Telemach Group from Mid Europa Partners for an undisclosed sum.EuroWeek reported last week
that KKR was the only private equity firm left in the running for the Serbian telecoms company and that SBB was likely to issue high yield bonds, should the
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