Randstad to widely syndicate €1.05bn revolver in August

20 Jul 2011

Dutch human resources firm Randstad is expected to launch the general syndication of a €1.05bn revolving credit facility in August that will back its $771m acquisition of US firm SFN Group.

The company has initially financed the acquisition with existing bank facilities, which include a €105m term loan due in May 2012, a €135m term facility due in November 2012, a €135m term loan maturing in May 2013 and a revolver also due in April 2013. However, that revolving ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial