Long line to checkout: date set on Profi loan

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By Dan Alderson
02 Feb 2017

Commitments are due by February 13 on a loan backing Mid Europa Partners’ acquisition of Romanian retail chain Profi Rom Food, as banks aim to close the deal by the end of the month.

The Profi deal has attracted strong interest, according to bankers involved, with a meeting in Bucharest on Tuesday to discuss the deal heavily attended.

General syndication began last week, with Banca Transilvania and Erste Group joining the deal as early-bird initial mandated lead arrangers ahead of the launch. ...

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