Wolfskin copies Spie’s 50bp margin uplift, follows Vitalia with second-lien tranche
Bookrunners on the €500m LBO loan for German outdoor clothing retailer Jack Wolfskin have responded to investor feedback in early bird syndication by increasing margins by 50bp and replacing €70m of the term loan ‘B’ with a more lucrative second-lien tranche.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
