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SecuritizationCLOs-CDOs

Club of six back Carlyle in Telecable buy-out

Six banks are providing debt of €220m to support Carlyle’s takeover of Spanish cable firm Telecable de Asturias, which will be financed as a club deal. But banks backing the unsuccessful sponsors had put underwrites on the table, as leveraged loan bankers said they were still willing to underwrite deals on the right terms.

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