Fnac ready to strike with €1.35bn loan as Steinhoff stands back

Elly Whittaker,

Robert Cooke

April 28, 2016 06:00 pm

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French firm Fnac will imminently launch syndication of its loan to buy retailer Darty, after winning a bidding war with South Africa's Steinhoff. Meanwhile, banks supplying a £920m loan for the thwarted rival await instructions.

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Topics

Syndicated Loans Africa Loans South Africa UK Citi France Loans and High Yield Natixis LevFin Leveraged Loans Emerging Market Loans LevFin Leveraged Loans Crédit Agricole Investment Grade Loans Emerging Markets EM - Africa HSBC Société Générale

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Elly Whittaker

RC

Robert Cooke