EQT Partners may raise €210 million of leveraged loans, Bloomberg reports. The private equity firm’s infrastructure unit will use the loans to fund the acquisition of Netherlands-based Koole Tanktransport. The loans to Koole include a €105 million of seven-year term loan paying interest of 450 basis points and €105 million of six-year facilities paying an interest margin of 400 basis points. ABN Amro Bank, BNP Paribas Fortis, ING Group, NIBC Holding and Rabobank International are providing the debt financing.
Click here for the story from Bloomberg.