Avio looks to space out maturities, engineer new tranche as Vivarte joins A&E catwalk

Cinven’s Italian aerospace engine manufacturer Avio and Charterhouse’s French clothing retailer Vivarte both launched amend and extend processes, as leveraged companies take advantage of a quiet LBO market to push out their debt maturities.

  • 27 Apr 2012
Two further companies, Monier and Materis, have wrapped up amendments of their own (see story below) this week, and bankers admitted that it was easier to get investors to dedicate their time to these processes while there was little supply in either primary or secondary loan markets."Amend and ...

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