Opodo set to close oversubscribed, but no flex on offer

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Opodo set to close oversubscribed, but no flex on offer

The loans backing Axa and Permira’s buyout of internet travel firm Opodo are set to be closed imminently after the deal was well oversubscribed, according to bankers working on the facility. Although demand for the Eu655m of loans has exceeded expectations, the pricing on the deal will not be reduced.

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