KKR opens European repricings amid hot US market
Two KKR backed firms have brought the first European leveraged loan market repricings of the year, picking up on a trend that is already in full swing in the US this year.
French call-centre operator Webhelp held a lender call earlier this week for a repricing on its €560m seven year term loan ‘B’, signed last January, from 550bp over Euribor to 450bp-475bp, offered at 99.75 with a 0% floor.In addition, the firm is seeking a €50m add-on ...
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