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N&W Global Vending Primary market Snapshot

​LSF9 Canto Investments S.p.A., the holding company of N&W Global Vending has launched a €300m 7NC3 senior secured notes offering. The net proceeds, along with €100m of 2nd lien privately placed notes will be used to repay the €400m bridge facility entered in January 2016. In March 2016, private equity firm, Lone Star closed the acquisition of the company from a pool of other private equity funds formed by Investcorp and Equistone. It was based on an enterprise value of €653m implying ...

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