Bloomberg News

Sun Capital Gets 190 Million Euros of Scotch & Soda LBO Loans

February 09, 2012

Feb. 9 (Bloomberg) -- Sun Capital Partners Inc. got 190 million euros ($252 million) of leveraged loans for its buyout of Amsterdam-based apparel retailer Scotch & Soda.

ABN Amro Bank NV, Friesland Bank NV, ING Groep NV, IKB Deutsche Industriebank AG, NIBC Holding NV, and Rabobank International arranged the financing that includes term loans and a revolving credit facility, lenders said in a statement today.

An affiliate of Boca Raton, Florida-based Sun Capital and Kellwood Co. said in July that it agreed to buy Scotch & Soda for an undisclosed sum.

--Editors: Chapin Wright, Faris Khan

To contact the reporter on this story: Patricia Kuo in London at pkuo2@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


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