Loparex has approached private credit investors to explore a refinancing of its existing debt, nearly two years after completing a distressed exchange, according to a report by Bloomberg citing people familiar with the matter.
The Pamplona Capital Management-owned company is seeking up to $1.5bn to refinance its first- and second-lien loans. Loparex currently has around $1.45bn of debt outstanding, based on Bloomberg data. Discussions are at an early stage and may not result in a transaction.
Lo...
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