Informa pull out raises prospect of Springer LBO loan

December 02, 2009 12:00 am

The likelihood of an underwritten LBO loan in Europe grew this week after Informa pulled out of a bid for Springer Science and Business Media, clearing the path for EQT. The Swedish private equity house is thought to be lining up a Eu1bn loan — with Barclays Capital, Goldman Sachs and UniCredit among the interested lenders — to back a takeover of the German publisher, which is valued at Eu2.6bn.

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