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CONSUMER STAPLES: Sammontana Italia (B2/B/BB-)

CONSUMER STAPLES

€800m 7NC1 snr secured FRN

  • It's refi for bridge loans taken out for the acquisition of similar scale FDS group (frozen pastries and sweets). Near half was in equity financing (€1b), pro-forma leverage at net 4.7x.

https://dealroadshow.finsight.com/e/SISPA24

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€800m 7NC1 snr secured FRN

  • It's refi for bridge loans taken out for the acquisition of similar scale FDS group (frozen pastries and sweets). Near half was in equity financing (€1b), pro-forma leverage at net 4.7x.

https://dealroadshow.finsight.com/e/SISPA24