Thu 04/21/2022 05:36 AM
Satlink Leveraged Finance Update from Reorg's EMEA Middle Market team
Spanish maritime communications services provider Satlink has received a €130 million debt package to support its
acquisition by Ergon Capital, sources told Reorg.
The financing included a 100% committed term loan B provided by Pemberton for the sponsor to pre-empt the process in December. After the signing, the lender carved out a term loan A of about €30 million to syndicate it with banks. Pemberton will hold a...
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