Hopes high for Sunrise after early birds and HY bond
Strong early-bird responses to the loan backing CVC Capital’s buy-out of Sunrise Communications, Switzerland’s second-largest telecoms firm, have left bankers bullish about demand for the deal in general syndication. The loan, which is also coming on the back of an oversubscribed high yield bond that was priced last week, is set to be launched into general shortly, with a bank meeting set for October 19.
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