Alstom Auxiliary Components sets guidance on €430m loan

By Ross Lancaster
29 May 2014

Alstom Auxiliary Components has released price guidance on the two tranches of its €630m-equivalent facility, which will back its purchase from Alstom by private equity fund Triton.

Alstom's loan has four tranches — a €310m-equivalent seven year first lien, a €120m-equivalent eight year second lien, a €40m revolving credit facility and a €160m letter of credit.

The €310m-equivalent first lien has price guidance of 375bp-400bp with a 1% Libor/Euribor floor. The ...

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