(Reuters) - The deal will also add an interest cover covenant to the
covenant lite loan to offer additional protection to investors
spooked by a steep sell-off in the debt markets in recent
weeks, sources told Reuters Loan Pricing Corporation.
KKR [KKR.UL] and Boots [AB.UL] Deputy Chairman Stefano
Pessina agreed in April to buy the retailer for 11.1 billion
pounds in Europe's biggest-ever private equity
deal and the first of a FTSE 100 company.
Read more at Reuters.com Mergers News
covenant lite loan to offer additional protection to investors
spooked by a steep sell-off in the debt markets in recent
weeks, sources told Reuters Loan Pricing Corporation.
KKR [KKR.UL] and Boots [AB.UL] Deputy Chairman Stefano
Pessina agreed in April to buy the retailer for 11.1 billion
pounds in Europe's biggest-ever private equity
deal and the first of a FTSE 100 company.
Read more at Reuters.com Mergers News
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