Global Blue close to allocation, book covered
Bookrunners on the €462.5m of leveraged loans backing the buy-out of tax-free shopping technology company Global Blue are expecting to allocate the deal on Monday as bankers said the book was well covered.
"We have around 28 names in the book," said one banker working on the deal. "The deal has gone well and has been priced at a level that will get it through the market and ensure it will trade well."
The loans have no official OID as yet but
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.