Intertrust launches €512m Blackstone takeover loan
Intertrust, the Dutch trust and corporate services group, has launched the syndication of its €512m all senior debt package.
The loans are divided into a €87m term loan ‘A’ with a six year tenor, paying Euribor plus 450bp; a €350m term loan ‘B’ with a seven year tenor, paying Euribor plus 500bp; a €30m revolving credit facility with a six year tenor, paying Euribor plus 450bp; and
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