Lactalis lenders' commitments skimmed as €7.5bn loans signed

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Lactalis lenders' commitments skimmed as €7.5bn loans signed

Lactalis, the French dairy firm, has signed loans of €7.5bn to back its €3.4bn takeover of Italy’s Parmalat. Crédit Agricole, HSBC, Natixis and Société Générale were bookrunners and underwrote the loans, which will also be used to refinance debt.

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