Bis extends deadline on A$950m loan

26 Feb 2013

Lenders looking to get a slice of Bis Industries’ A$950m ($1bn) loan have at least two more weeks to make their commitments for the deal, which bankers say has received good response from the market.

The Australian logistics company is turning to banks to refinance some of the debt it took on when it was acquired by private equity firm Kohlberg Kravis Roberts in 2006.

The leads working on the deal have received good feedback from the market, and have already gathered some ...

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