Averda amends and extends loan

By Mariam Meskin
30 Aug 2019

MEA-based waste management services provider Averda has amended and extended an existing term loan facility, garnering 70% oversubscription.

The existing loan was a $150m facility signed in 2018, according to Dealogic.

The amendment and extension completed this month brings the senior secured amortising term loan to a total of $181m with a tenor of four years and four months. The facility is set to expire in December ...

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