CABB seeks €90m TLC for dividend payment

CABB, the German chemicals firm, is marketing a new €90m term loan ‘C’, which will be used to finance a dividend.

  • 17 Apr 2013

The new seven year facility will be priced at 475bp over Euribor. Commerzbank, DZ Bank, ING and Société Générale have been mandated to co-ordinate the new facility, and met with existing and new lenders in Frankfurt on Monday to discuss the new transaction.

Alongside the new facility, the ...

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