Affidea Group is highlighting the successful pricing of 170-million-euro credit facility, a euro term loan B, that the company says will support its growth strategy.
The company said this incremental facility is fungible with the existing 600-million-euro term loan B that Affidea priced in 2022. It added that proceeds from the most recent term loan B will be used to repay drawn amounts under Affidea's existing rapid credit facility, as well as fund future bolt-on acquisitions and growth projects.
BNP Paribas, Goldman Sachs, and KKR Capital Markets jointly arranged the incremental euro term loan B.
