Kalle club oversubscribed as levfin dances to new beat

The Eu133.5m club financing backing the secondary buy-out of German sausage skin maker Kalle by private equity firm Silverfleet Capital was signed on Thursday after the conservative structure attracted enough lenders for it to close oversubscribed.

  • 21 Aug 2009
In contrast to the syndication of the $1.3bn debt backing the acquisition of UK set-top box maker NDS, recently closed after failing to hit its target sell down on the senior debt (see separate story), the success of Kalle’s deal underlined that small, conservatively structured clubbed financings are ...

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