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Agreement includes accordion facility
The financing follows the completion of site's construction
Technicals strong and CLO issuance continues, though participants stay cautious on loan selection
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PE firms see the public market as a ‘pain’ as investors seek low leverage companies and low valuations -
A lower WACC, a dividend payment, and a longer reinvestment period motivated the deal, sources said
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Ex-Melrose CEO’s new investment company raised £50m and will list on Aim
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Trade body's open letter warns the industry to regulate itself or else regulators will
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More technical tailwinds for deal flow and tightening have emerged
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More flexible and varied terms from leveraged finance are appearing more often on IG deals
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