Leveraged loan pipe heats up as 2019 projects take flight

By Owen Sanderson
21 Mar 2019

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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