LOANS: Two tickets for CPA
February 7, 2012 (RLPC) – The £435m-equivalent loan backing private equity firm Cinven’s buyout of CPA Global is offering two tickets to lenders - a £20m commitment pays 250bp and £10m pays 175bp. A bank meeting took place in London last Tuesday, where an OID of around 98.5 to 98 was announced.
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