The dividend recap and refinancing deal is worth £589 million.
The new deal comprises a £479 million term loan ‘B’ guided at 500bp over Libor, offered at 98 on new debt with a 0% floor, and maturing 2022. The offer price to new money has since been tightened to 98.5. A £60m five year capex facility, guided at 475bp over Libor.
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
