Loparex refi loan to price wide as bifurcation bites

Loparex+Pai+20January
By Karoliina Liimatainen
30 Jan 2020

Dutch release liner manufacturer Loparex is launching a €186m term loan B to refinance the equity bridge, put in place by sponsor Pamplona when the company acquired its competitor Infiana last autumn. While the borrowing conditions are exceptionally benign for many, Loparex has struggled to make a good first impression.

The loan will mature in August 2026 and will be arranged by Barclays. The commitments are due on February 12.

Loparex is specialised in release liners and films, which are used to cover self-adhesive surfaces which are used, for example, in labels, plasters and vehicle wraps — such as ...

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