Banks talk talc for Eu220m Mondo LBO loans
Private equity firm Advent International is raising Eu220m of senior and mezzanine financing for its buy-out of Dutch talc producer Mondo Minerals from HgCapital. BNP Paribas, IKB and RBC are underwriting of senior loans for the deal, while Ares has taken a Eu30m eight year mezzanine portion that will not be sold down.
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