EQT launches Cerba buy-out loan

By Owen Sanderson
04 May 2021

EQT has launched the €1.525bn loan leg of the buy-out funding for its purchase of Cerba Healthcare, a France-based chain of medical laboratories, indicating that the flow of acquisition deals is still running fast, with multibillion deals including Birkenstock and Lonza Specialty Ingredients closing last week, and G4S slated for this week.

The Swedish private equity firm agreed to buy the group from Partners and PSP Investments at the end of March in a secondary sale, with the purchase to be funded by €1.525bn in term loan 'Bs', €420m in secured bonds, and €325m of unsecured bonds.

Partners and PSP ...

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