Sappi signs new revolver, term loan
Banks signed into a refinancing for South African paper company Sappi last week, after the borrower completed a blowout $800m high yield bond issue in July. Sappi now has a new Eu209m revolver, as well as a Eu400m five year term loan.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast