Allied bid backers to split $100m fees as G4S debt package lands

NIKOLA FIFIC /bibiphoto - stock.adobe.com

Banks backing the successful Allied Universal bid for UK security company G4S are set to split around $100m in financing fees for backing the deal, with Credit Suisse and Morgan Stanley in line for the lion’s share of the profits, as the $6.3bn eight tranche syndication is priced and the firm is delisted.