Cabot CFO says £105m bridge for Marlin can convert to term loan

By Michael Turner
14 Feb 2014

UK consumer debt collector Cabot Credit Management has signed a £105m bridge loan to part-finance its acquisition of Marlin Financial Group.

JP Morgan led a syndicate of four other banks for the fully drawn bridge facility.

The rest of the £295m acquisition will be financed with Cabot's cash pile and by drawing on an existing £85m revolving credit facility, according to Cabot's chief financial officer Chris Ross-Roberts.

"The bridge ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

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: or find out more online here.