Respighi HoldCo launches €6.05 billion bond issue to fund Recordati acquisition; consortium holds 74.58% stake, below 90% delisting threshold, to reopen offer Nov 3-9

Respighi HoldCo, a vehicle controlled by CVC and GBL, has initiated a €6.05 billion senior secured bond issuance across five tranches in euros and dollars to finance the acquisition of Recordati. The consortium reached a 74.58% stake in the tender offer, below the 90% delisting threshold, and plans to reopen the offer from November 3 to 9.

Detected & updated continuously · Source: Nebula