Highly-levered Securitas gets €394m mezz piece
A syndicate of five mezzanine investors has provided €393.5m of mezzanine loans to partly finance the buy-out of Swedish security firm Securitas Direct by Bain Capital and Hellman & Friedman. The facility will replace the underwritten unsecured bridge loan that the six-strong bank group had underwritten as part of a highly-levered financing.
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