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Röhm buyout loan returns to syndication

Evonik 230x150
By Karoliina Liimatainen
14 Jan 2020

Advent’s buyout of German chemicals company’s Evonik’s acrylic unit last year is still haunting the leveraged loan market. The banks are relaunching syndication of €977m and $612m of term loan Bs, hoping that investors will find the credit more attractive this time around than when it was first syndicated.

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By Karoliina Liimatainen
14 Jan 2020