CVC sets LBO loan structure for acquisition of Autobar
Bookrunners this week confirmed the tranche structure of a Eu785m loan backing CVC Capital’s Eu1.2bn leveraged buy-out of Autobar, the vending machine operator.
Bankers close to the borrower said they are speaking with a few relationship banks and funds and will launch general syndication within the next two weeks.
The facility is made up of a Eu160m term loan ‘A’, a Eu465m ‘B’ tranche, a Eu60m revolver and a Eu100m acquisition ...Please take a trial or subscribe to access this content.
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