CVC Plans €1.2 Billion of High-Yield Bonds to Fund Irca Buyout

🇮🇹 Bloomberg (IT) —

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CVC Capital Partners Plc plans to finance its acquisition of Italian food-ingredients maker Irca SpA with €1.2 billion in high-yield bonds. This bond issuance aims to support the buyout transaction.

CVC Capital Partners Plc is set to finance its buyout of Italian food-ingredients maker Irca SpA with €1.2 billion ($1.4 billion) of high-yield bonds, according to people familiar with the matter.

Markets Deals CVC Capital Partners Irca SpA high-yield bonds buyout food industry Europe finance

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