Doughty Hanson awaits results of Norit cov-lite experiment

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Doughty Hanson awaits results of Norit cov-lite experiment

Commitments are due on Wednesday for a covenant-lite loan being syndicated on a best-efforts basis for the refinancing of Norit, a water purification company owned by Doughty Hanson. Bankers said they have been surprised by the appetite shown for the loans.

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