Axa gets €240m plus mezz for Photonis LBO

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Axa gets €240m plus mezz for Photonis LBO

IKB, ING and Société Générale are underwriting €240m of senior loans to back Axa Private Equity’s buyout of French photo technology developer Photonis from Astorg Partners. The takeover will also be part-financed by a mezzanine facility of an undisclosed amount, to be provided by Indigo Capital and Partners Group.

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