Largest ever buy-out loan emerges as MGPE wins Whitbread pubs for £1.6bn

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Largest ever buy-out loan emerges as MGPE wins Whitbread pubs for £1.6bn

March 23, 2001 12:00 am

Morgan Grenfell Private Equity (MGPE) has taken out a £1.59bn loan to back its purchase of the pub estate of UK leisure firm Whitbread, in the largest leveraged loan supporting a sponsor driven buy-out in the Euromarkets.

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