Good news for leverage: oversubscribed Raet to keep 98 OID

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Good news for leverage: oversubscribed Raet to keep 98 OID

Arrangers of Raet’s €300m of LBO loans hope to send a good signal about the capacity of the primary leveraged loan market as they will allocate the loans at the agreed original issue discount (OID) of 98, and with a relatively thin margin of 475bp on the term loan ‘B’.

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