Imerys Toiture opens second lien for demanding lev loan investors

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Imerys Toiture opens second lien for demanding lev loan investors

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Risk concept with businessman and graphs and arrows | Tierney - stock.adobe.com

The financing for the €1bn acquisition of roofing business Imerys Toiture to Lone Star Funds was revised this week to include a subordinated debt tranche, as levfin investors still active in August pocket riskier but higher yielding paper.

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