Veda’s A$605m LBO loan in market via Merrill and UBS

The A$605m leveraged loan supporting Merrill Lynch Global Private Equity and Pacific Equity Partners’ buy-out of Veda Advantage, the Australian credit reference agency, has been launched into the market through Merrill Lynch and UBS.

The loan is split into A$495m of senior debt and A$110m of subordinated debt. ...