Playing ketchup: European lenders invited in as Heinz launches term loans

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Playing ketchup: European lenders invited in as Heinz launches term loans

Lenders have been invited to commit to the $2bn-equivalent European portion of the financing backing the LBO of ketchup giant Heinz, with an investor meeting being held in London on Friday. The European portion of the financing consists of up to $1.4bn-equivalent in euros and a sterling-denominated portion of up to $600m-equivalent.

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