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Barclays Lines Up $2.8 Billion Debt Package for ContiTech Deal
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsPrivate Markets & VentureCompany Fundamentals
Barclays-led lenders are preparing a €2.4 billion ($2.8 billion) financing package for Lone Star Funds’ acquisition of industrial-products manufacturer ContiTech. The debt package advances the private-equity transaction and signals available financing appetite for a large industrial buyout, though deal terms and completion remain unconfirmed.
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