Ahlsell allocates at 98 after oversubscription
Swedish building group Ahlsell’s €530m term loan ‘B’ allocated at 98 on Friday and was seen in the secondary market at 100/100.438, according to Markit, after going free to trade. By Monday the average offer price had risen to 100.8 as bankers close to the deal said they expected very few investors to sell after strong scale-backs.
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