Sun Capital Gets 190 Million Euros of Scotch & Soda LBO Loans
By Patricia Kuo -
2012-02-09T14:31:27Z
Sun Capital Partners Inc. got 190 million euros ($252 million) of leveraged loans for its buyout of Amsterdam-based apparel retailer Scotch & Soda.
ABN Amro Bank NV, Friesland Bank NV, ING Groep NV, IKB Deutsche Industriebank AG, NIBC Holding NV, and Rabobank International arranged the financing that includes term loans and a revolving credit facility, lenders said in a statement today.
An affiliate of Boca Raton, Florida-based Sun Capital and Kellwood Co. (KWD) said in July that it agreed to buy Scotch & Soda for an undisclosed sum.
To contact the reporter on this story: Patricia Kuo in London at pkuo2@bloomberg.net
To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net
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