JP Morgan underwrites loan for Trader Media Group buyout

JP Morgan has underwritten senior debt backing Apax Partners’ acquisition of 50.1% of the UK’s Trader Media Group from the Guardian Media Group.

  • By Olivier Holmey
  • 22 Jan 2014

This transaction completes the private equity firm’s takeover of Trader Media Group, as Apax had already bought 49.9% of the company from GMG in 2007. 

Apart from the senior loans underwritten by JP Morgan, the LBO was backed by privately placed junior debt.

Apax was advised by JP ...

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