KKR lenders syndicate Viridor acquisition debt

09 June 2020 - 12:00 am UTC

The lenders underwriting US infrastructure fund manager KKR’s acquisition of UK waste business Viridor have this month launched a syndication of the debt, according to sources.

BNP Paribas, Societe Generale and UBS have underwritten around GBP 2.5bn of KKR’s GBP 4.2bn acquisition price for Viridor, which it agreed to pay in March 2020 and is due to close in the coming weeks.

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