Bain to finance Maisons du Monde LBO with HY bond

Bain Capital is seeking to sell a high yield bond for its planned takeover of Maisons du Monde. The US private equity firm has entered into exclusive negotiations to buy the French furniture retailer for close to €650m.

  • By Stefanie Linhardt
  • 20 Jun 2013

The bond financing is expected to be launched as early as July, according to a source, when the takeover is also likely to close.

Commerzbank, Credit Suisse and Natixis will arrange the financing with debt of around four times Ebitda. At around €75m-€80m of Ebitda, the bond could ...

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3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

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5 Credit Suisse 76,251.01 205 6.55%