ADB buy-out blows out
The loan backing PAI Partner’s buy-out of airfield lighting firm ADB Solutions is close to being wrapped up after pricing was successfully reversed flexed.
Pricing on all tranches but the 35m guarantee facility was reduced by 25bp. The margin on the 15m revolver, 10m credit facility and 37m term loan A will be reduced from 425bp to 400bp, while the margin on the 72m term loan B will go from 475bp to ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com