CEVA Logistics tackles leverage with loan refi

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CEVA Logistics tackles leverage with loan refi

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A logo sign outside of a facility occupied by CEVA Logistics in Mississauga, Ontario, Canada, on April 16, 2017. Photo by Kristoffer Tripplaar *** Please Use Credit from Credit Field *** | Kris Tripplaar/SIPA USA/PA Images

Switzerland’s CEVA Logistics has appointed banks to arrange $1bn of bank financing, as the company looks to clean up its capital structure by repaying bank debt and buying back bonds.

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