China-CEE Fund to pony up for acquisition of Invitel with €130m loan

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By Bianca Boorer
16 Aug 2017

Hungary’s second largest corporate communications provider Invitel is due to sell down a €130m syndicated loan facility issued in January to fund its change in ownership from Mid Europa Partners to China-CEE Investment Cooperation Fund.

UniCredit is the sole bookrunner and underwriter for the facility and five more banks are expected to join the deal.

Mid Europa first announced its plans to sell Invitel to China CEE Investment Co-operation Fund, advised by CEE Equity Partners, on January 13.

Two days later UniCredit fully ...

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