Nocibé's €330m loan for Douglas takeover oversubscribed

By Olivier Holmey
14 Nov 2013

Investors committed en masse to the new €330m debt package from Nocibé, the French perfumery chain, ahead of the deal’s Thursday deadline.

The drawn part of the debt – a €275m June 2020 term loan ‘C’ with price guidance at 475bp over Euribor – was heavily oversubscribed, with commitments to be cut back, a lead banker said.

A €35m revolver and €20m capex/acquisition facility are intended to be left undrawn. ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data