BCA completes levfin year with £265m dividend recap

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BCA completes levfin year with £265m dividend recap

British Car Auctions for new website

British Car Auctions, which claims to be Europe’s biggest secondhand car dealer, has signed a £340m loan – one of the last European leveraged finance deals to close in 2014. The deal raises £265m of new money – just slightly less than the £270m planned.

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