Advent International has secured loans worth about €200 million for the acquisition of Mondo Mineral, Reuters reports. The firm received a €155 million seven-year term loan B, a €20 million revolving credit facility, a €15 million capex facility and a €30 million mezzanine part.
Royal Bank of Canada, BNP Paribas, IKB and Ares Capital helped arrange the debt. Advent will acquire the talc mining and processing company from HgCapital for about €350-400 million.
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