Arrangers Bank of America, Citigroup/SSSB, Deutsche Bank and Nordea have pulled the £250m 3-1/2 year deal for MyTravel from the market.
Last week the arrangers bumped up the pricing on the loan, but this still proved insufficient to attract interest given the company's problems.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.