Leveraged loan pipe heats up as 2019 projects take flight
Banks are bringing forward leveraged loans to fund projects from earlier this year, launching them into a strong market buoyed by another round of liquidity support from central banks. New buyout debt for IFCO and a full refinancing for Perstorp join a host of other deals in the market.
On Tuesday, Bank of America and Goldman Sachs launched the loan backing Triton Partners and Luxinva's buyout of IFCO Systems, the Germany-based reusable plastics business of Australia’s Brambles, which was announced at the end of February.The buyout will be financed with a $1.235bn equivalent euro ...
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