CVC Refinances $330M StarBev Loan

CVC Capital Partners has refinanced a vendor loan worth $330 million for Central and Eastern European brewer StarBev.

CVC Capital Partners has refinanced a vendor loan worth $330 million for Central and Eastern European brewer StarBev, Reuters reports. The private equity firm refinanced the $330 million vendor credit facility note, which StarBev secured from Anheuser-Busch InBev.

The loan helped StarBev finance CVC’s $3 billion acquisition of AB InBev’s former Central and Eastern European operations. JP Morgan purchased the original $330 million payment-in-kind note from AB InBev.

Click here for the story from Reuters.