ICGT follows parent into loan market and increases size of main bank line

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By Mike Turner
01 Mar 2021

Intermediate Capital Group Enterprise Trust, a UK private equity investor, has signed a €200m loan facility, a month after the company’s parent refinanced its sterling facility.

Credit Suisse coordinated ICGT’s new euro facility. It matures in 2025 and refinances a €176m facility, and will be used to finance working capital and drawdowns.

The deal follows close behind a £500m four year revolving credit facility for Intermediate Capital Group, ICGT’s parent company. Credit Suisse was ...

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