At last: four win Eu500m Jack Wolfskin mandate
Nearly a year after a sale was first mooted, and at least nine months after bankers began working on a financing package, four banks have been mandated to arrange Eu500m of loans to support the buy-out of German outdoor clothing retailer Jack Wolfskin.
Bank of America Merrill Lynch, IKB, Morgan Stanley and UBS have been named as bookrunners on the loans for Wolfskin, which is being acquired by Blackstone. More details on the financing are expected on Friday.Bankers who had been working on the deal since October had been left disappointed ...
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