UK - European Capital completes £36m refinancing of Avery Weigh-Tronix

European Capital has refinanced portfolio company Avery Weigh-Tronix Holdings Ltd with ТЃ36m of senior credit facilities provided by Royal Bank of Scotland and HSBC. The refinancing follows the disposal of Averyт€™s food retail weighing business and will result in the repayment of ТЃ18m of European Capitalт€™s preference shares. Post completion of the transaction, European Capital will continue to hold ТЃ10m of loan notes and preference shares in Avery as well as 61% of the common stock of the company.