Banks are preparing debt packages totalling around £5bn to support a potential leveraged buyout of UK testing and inspection group Intertek Group Plc by private equity firm EQT, underscoring renewed momentum in large-cap acquisition financing, according to a report by Bloomberg.
The proposed funding is expected to be structured through a combination of leveraged loans and high-yield bonds, potentially issued in both euros and US dollars to broaden the investor base and optimise pricing. The dual...
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