Credit Suisse , Societe Generale , BNP Paribas and Credit Agricole CIB have underwritten the loan which will replace Cortefiel’s €895m existing debt.The change of ownership and new loan will help Cortefiel to reduce its debt and remove the pressure of loans that were due to mature in 2018.
The company’s existing loans will be repaid at par in September after the deal between CVC, PAI …
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