Doughty Hanson plays it safe on Vue
A £300m loan backing Doughty Hanson’s buy-out of cinema chain Vue Entertainment could have been bigger but the private equity firm turned down the largest debt package on offer, following a similar move by Britax last week. Lloyds and Nomura are underwriting Vue’s deal and launched syndication with a bank meeting in London this week. Will successful syndication follow the aggressive bidding? Read EuroWeek this Friday.
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