Rabo to launch RBG syndication
Rabobank is to hold a lender meeting on Thursday to launch limited general syndication of £105m of senior loans supporting the acquisition of RBG Group from 3i by Stork Technical Services and Arle Capital Partners.
Lloyds has joined the deal as mandated lead arranger.
Rabo is also underwriting a PIK loan for the deal, although details of the tranche have not been disclosed.
The senior loans comprise a £22.5m term loan A, a £52.5m term loan B and a £30m revolving credit facility. The revolver
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