Ista invokes institutional interest

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Ista invokes institutional interest

A €1.15bn term loan ‘B’ supporting CVC Capital Partner’s buy-out of German metering company Ista International has been launched into syndication. The buy-out, the largest German private equity deal in five years, will be backed by €2.325bn of senior secured bank debt, senior secured high yield bonds and senior unsecured high yield bonds.

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