Swift syndications expected for Orange Switzerland, CPA

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Swift syndications expected for Orange Switzerland, CPA

Issue: 1240 - 3 February 2012

Keywords: Orange Switzerland, CPA Global, Cinven, Apax Partners, leveraged buy-out, LBO, leveraged finance

Bank meetings will be held next week to market the leveraged loans backing Apax’s buy-out of Orange Switzerland and Cinven’s takeover of CPA Global. But market participants said bookrunners were looking for a quick turnaround, having already sounded out numerous lenders. ..

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