ADB, Easycash keep levfin ball rolling
Five banks are working on a Eu68m financing to support private equity firm Montagu’s bid for aircraft lighting business ADB Airfield Solutions. Following on from the successful close of the Eu133.5m Kalle deal last week, and the news of a Eu100-Eu150m deal shaping up for Warburg Pincus’s Easycash, could this be the latest sign that the leveraged finance market is opening up again, albeit for small, conservatively structured deals? Read EuroWeek this week to find out.
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