Smaller lev loans in as jumbos rekindle appetite from buyers

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By Victor Jimenez
02 Jul 2018

Two borrowers, Marlink and Iris Software, offered a string of new medium sized leveraged loans this week, following the recent launch of some highly anticipated jumbo deals that sources say have helped renew investor interest in the European market.

Private equity firm Apax has brought to the market its portfolio company Marlink, a Norwegian provider of mission-critical satellite communications, with a refinancing and dividend recapitalisation deal.

On Monday, Marlink had the lender meeting for its new four-tranche facility. It includes €280m and $190m of seven-year term ...

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