Socotec reverse flexes to 500bp over
Investors have until noon on Thursday to commit to the reverse flexed pricing on the term loan ‘B’ backing the takeover of French engineering firm Socotec. The margin on the €100m seven year line has been tightened from 525bp over Euribor to 500bp over.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
