Securitas mezz piece offers 1075bp plus OID
The €393.5m mezzanine facility being used to refinance a bridge loan underwritten to support the buy-out of Swedish security firm Securitas Direct is offering investors a headline margin of 1075bp over Euribor with an OID of 97. Some 375bp of the margin will be paid in cash, while 675bp is in payment-in-kind.
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