Leveraged - France

19 Oct 2006

Bookrunners Société Générale and BNP Paribas are asking lenders to approve a reverse flex on the margins of the Eu1,044.7m loan backing PAI Partners' LBO of engineering group Amec Spie.

Bookrunners are requesting that 12.5bp be shaved off the term loans 'B' and 'C' margins and 62.5bp be cut ...

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