RLPC-Stabilus' 415 mln euro buyout loan launched-banks

Newswire

LONDON, March 28 (Reuters) - The 415 million euro ($654 million) loan to back U.S. private equity firm Paine & Partners' buyout of German gas spring manufacturer Stabilus has launched into syndication, banking sources said on Friday. Bank meetings have been scheduled for April 3 and 4. The transaction is split between around 340 million euros in senior facilities and about 75 million euros in mezzanine financing. Following a successful round of mezzanine syndication these levels may ...

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