Ahlsell nets oversubscription at 98 after shifting ‘B’ to ‘A’
Swedish building group Ahlsell’s €530m term loan ‘B’ that was allocated at 98 was trading at par this week after strong scalebacks in primary syndication. The scalebacks came despite sponsor CVC opting to increase the size of the term loan ‘B’ by €20m from its previous size of €510m.
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