Springer’s bumper levfin deal to close before Christmas
Syndication of a Eu1.9bn facility backing the secondary buy-out of Springer Science + Business Media could close by end of this week, say bankers, following a bank meeting last Thursday.
“It’s going very well and is going to be oversubscribed,” said a banker on the deal, on Wednesday. “It’s going to be very positive for the market.”
The deal was presounded to the largest lenders in the existing syndicate before the bank meeting and some committed before it took
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