ATU buyout seen leading to high-yield bond-sources


LONDON, Aug 23 (Reuters) - The secondary buyout of German auto repair chain ATU may lead to the issue of a high-yield bond, banking sources familiar with the deal said on Monday. The financing for the buyout of ATU by U.S. equity house Kohlberg Kravis Roberts includes a 220 million euro mezzanine tranche which the sponsor is considering refinancing with such a bond, the sources said. A 955 million euro senior debt package brings the total debt to 1.175 billion euros and syndication of ...

Premium Content (PAID Subscription Required)

"ATU buyout seen leading to high-yield bond-sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×