Merlin buyers launch £2.4bn loan syndication

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By Karoliina Liimatainen
30 Sep 2019

Merlin Entertainments, the UK-listed theme park operator, has launched a £2.4bn ($2.96bn) loan syndication to back its £5.9bn buyout by a private equity consortium. It is expected to add bonds to the financing package.

Kirkbi, Blackstone and CPPIB are taking Merlin private again in a deal that was approved in early September.

The loan package announced on Tuesday consists of a £1.252bn term loan B to be issued in euros, and £941m term loan B to be issued in ...

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