Rabobank arranges £105m of acquisition debt for Stork and Arle’s takeover of RBG
Rabobank is to launch the syndication of £105m of senior facilities backing Stork Technical Services and Arle Capital Partners’ acquisition of RBG Group from 3i over the next few weeks.
Rabobank has underwritten the senior lines and an undisclosed amount of PIK loans, and will act as mandated lead arranger. Lloyds Banking Group has also joined the senior loans as mandated lead arranger.
The senior loans comprise a £22.5m term loan A, a £52.5m term loan B and a
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