Apcoa to reprice €350m loan refinancing, but Belgian House of HR flexes margin
Repricings and refinancings have dominated this year’s leveraged loan issuance. This week, Apcoa added one more such deal. But investors proved they can still discriminate, as House of HR had to sweeten the terms of its new refinancing loan.
The European market mirrors the global trend. Refinancings make up 57% of global levloan issuance this year, and slightly more than 60% in Europe, according to Dealogic.Apcoa, the German car park operator, joined this list with a repricing of its €350m seven year term loan ‘B’, ...
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