Market clear for Barclays’ Springer buy-out facilities

15 May 2003

Sole mandated lead arranger and underwriter Barclays Capital will approach a small group of banks next week for senior sub-underwriting positions on the debt facilities supporting Candover and Cinven's buy-out of BertelsmannSpringer, the scientific publishing subsidiary of Bertlesmann.

The transaction will see the formation of a new world class specialist publishing business as BertelsmannSpringer ...

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