Apax Global Alpha tweaks revolver as amend and extend trend grows

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Apax Global Alpha tweaks revolver as amend and extend trend grows

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Businessman reading documents with magnifying glass concept for analyzing a finance agreement or legal contract | Brian Jackson - stock.adobe.com

Apax Global Alpha, a UK investment trust, has amended the terms on its €140m revolving credit facility. The deal reflects what is expected to be a big theme in the loan market this year of borrowers tinkering with existing facilities rather than doing full refinancings.

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