AHT Cooling to market TLA and TLB in early-bird

By Olivier Holmey
11 Sep 2013

AHT Cooling is set to launch €288m of all-senior drawn debt through term loan ‘A’ and term loan ‘B’ facilities. The debt will be marketed to a select number of investors in an early-bird phase, according to the deal's leads.

The Austrian refrigeration equipment manufacturer will also issue a capex facility of €70m.

ING, Société Générale and UniCredit are bookrunners and mandated lead arrangers on the deal.

AHT’s net opening leverage stands at just under five times. The debt raised will back Bridgepoint’s acquisition of AHT from private ...

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