Autobar hosts €880m refi meeting

03 Oct 2012

CVC-owned vending machine company Autobar held a lender meeting on Wednesday as it looks to refinance its existing debt with €880m of new senior loans.

Autobar is not using the new loans to pay a dividend but is seeking to push out its maturity profile, said bankers close to the company.

BNP Paribas and HSBC are bookrunners on the new loans, which comprise an €820m seven year bullet term loan and a €60m six ...

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