TRLPC-Pamplona's PPF deal backed by 220 mln euros of debt financing

April 2, 2015 11:35 AM

55 0

LONDON, April 2 (Reuters) - Private equity firm Pamplona Capital Management's acquisition of Partner in Pet Food (PPF) will be financed by about 220 million euros ($238 million) of leveraged loans, banking sources said on Thursday.

Pamplona agreed to buy the Budapest-based business, Europe's second-biggest provider of private-label pet food, from Advent International for 315 million euros on April 2.

Also read: EFG International says to cut up to 450 jobs in BSI integration

Read more

To category page

Loading...