Orders roll in for Permira’s Findus deal after changes
Private equity house Permira, owner of Birds Eye Iglo, has already received several commitments after its existing lenders approved an amendment to the company’s outstanding facilities as part of the financing for a buyout of Italian frozen foods company Findus Italy from Unilever.
Over 80% of the companys lending banks approved the addition of a Eu500m bullet term loan D, which will rank pari passu with Birds Eye Iglos existing senior debt.
"We already have orders coming in, and its a good mixture of existing lenders increasing their exposure and new
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.