Douglas offers sweet- smelling 550bp on €450m term loan ‘B’

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Douglas offers sweet- smelling 550bp on €450m term loan ‘B’

Bookrunners on the loans backing Advent International’s attempted takeover of Douglas, the German group famous for selling perfumes, are marketing the senior portion of the deal to early-bird banks and institutional investors with a margin of 550bp on the €450m term loan ‘B’.

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