Icelandic unravelling creates confusion for Baugur LBO deals

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Icelandic unravelling creates confusion for Baugur LBO deals

The fate of Icelandic retail investment group Baugur, which has tapped the leveraged loan market numerous times to fund its buyouts of UK high street names such as House of Fraser and Oasis, was thrown into uncertainty this week when a related holding company, Stodir, filed for administration.

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