Daily News: September 5, 2017

Barclays, UBS, Others Lead Stada $2.8B Buyout Financing


Reuters reported that Barclays, Nomura and UBS led the €2.35 billion ($2.8 billion) leveraged loan financing to support Bain Capital and Cinven’s buyout of German drug maker Stada.

According to Reuters, Citi, Commerzbank, Jefferies, JPMorgan and Societe Generale have joined as joint bookerunners. Reuters added Deutsche Bank and ING also joined as joint bookrunners prior to launch, as did BNP Paribas, LBBW and MUFG as mandated lead arrangers.