First test for levloans as Amer and Ahlsell enter euro market

By Owen Sanderson
13 Feb 2019

Banks met on Tuesday for the first sizeable new money European leveraged loan of 2019: a €1.7bn acquisition loan funding the purchase of Finnish sports equipment company Amer Sports. CVC’s take-private of Swedish installation products maker Ahlsell then hit the market on Wednesday.

“It’s not so much a question of depth of the market right now, there’s money here for deals much larger, but these two deals will be a test of what’s the price for size,” said a head of the leveraged loan syndicate. “The other deals so far this ...

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