Corialis makes fresh concessions to get done while squeezing bank fees

By Ross Lancaster
16 Oct 2014

Corialis, the Belgian aluminium windows maker, is expected to close the book for its €483m leveraged loan on Monday evening, after lenders won significant concessions from Advent International, the private equity firm that is buying it.

Jefferies, Rabobank and UBS arranged the deal and underwrote the debt.

Corialis revised the facility's term sheet on Friday, the second time changes have been made to make the deal more investor-friendly since it was launched on September 9.

Corialis initially drafted ...

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