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Storming second lien syndication opens up sub debt options

Nestle Ice Cream
By Owen Sanderson
30 Jan 2020

The idea that companies can raise subordinated debt only through private or club deals was put into deep freeze this week, when ice-cream maker Froneri fully syndicated two second lien tranches as part of its €5.7bn refinancing. Owen Sanderson reports.

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By Owen Sanderson
30 Jan 2020