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PAI’s French moves spark buyout deals in levfin markets

france green
By Victor Jimenez
29 Jan 2018

Private equity firm PAI's divestment of its majority stake in Kiloutou, the French equipment rental firm, is pumping supply into the term loan market this week through a secondary buyout. Meanwhile, PAI is itself funding its leveraged buyout of Albéa, a French beauty product packaging group, with a high yield pay-if-you-can (PIYC) bond.

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By Victor Jimenez
29 Jan 2018