FINLAND - EQT offers EUR 70m for covenant breach of Sanitec
According to press reports, EQT has asked the banks that supplied the debt for the acquisition of Finnish bathroom products group Sanitec, which was completed in 2005, to waive and amend the covenants on the EUR 1bn of debt.
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Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater