Mivisa out with dividend deal in bull market

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Mivisa out with dividend deal in bull market

Spanish tin can maker Mivisa has launched a new loan to finance a dividend as leveraged loan bankers say there is plenty of capacity for other sponsors to pull off similar deals. The Blackstone-owned firm is seeking a new €145m term loan ‘C’ that will be used, alongside cash from the balance sheet, to pay a dividend of up to €190m.

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