Bain Capital , Banche Popolari Italiane and Celssidra are understood to be considering issuing bonds to the value of up-to first to fund an acquisition of Bain Capital della Banche Popolari Italiane ( ICBPI ). The first source said that ICBPI’s closest comparables in leveraged finance are WorldPay and Nets, which were both LBOs backed by leveraged loans. The consortium is in exclusive talks to acquire the European payment services specialist, which is for sale by a group of cooperative banks due to regulatory pressure
Bain Capital , Banche Popolari Italiane and Celssidra are understood to be considering issuing bonds to the value of up-to first to fund an acquisition of Bain Capital della Banche Popolari Italiane ( ICBPI ). The consortium is in exclusive talks to acquire the European payment services specialist, which is for sale by a group of cooperative banks due to regulatory pressure