Citi preps refinancing for Befesa after Triton’s exit
Kybele - stock.adobe.com
Citigroup is in the market with a refinancing of metals waste management company Befesa, following Triton Partners’ exit from the 18.6% stake it held in the company earlier this month through a block trade. The company is raising a €526m loan to refinance its existing 2022 loan of the same amount.
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