Cinven set to back-levered Sebia deal
Leveraged loan houses are turning their attention to the Eu800m buyout of Sebia. Cinven bought the French medical diagnostics group on Monday, after having only made a bid on Thursday. Such was its eagerness to get hold of the company that it funded the whole takeover with equity. It is now trying to raise debt. Loans bankers expect a deal of about Eu400m to emerge. Read more on Friday.
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