Leveraged Loans - news in brief, March 28, 2008
Finland
Nordea, Pohjola Bank and Swedbank have been mandated to arrange the debt supporting Cidron Services bid for Finnish IT company, TietoEnator. The debt will be used to support a bid for the company. An initial Eu1.1bn bid, at Eu15.5 per share, was rejected but negotiations continue.
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