CVC Capital Partners has refinanced a vendor loan worth $330 million for Central and Eastern European brewer StarBev, Reuters reports. The private equity firm refinanced the $330 million vendor credit facility note, which StarBev secured from Anheuser-Busch InBev.
The loan helped StarBev finance CVC’s $3 billion acquisition of AB InBev’s former Central and Eastern European operations. JP Morgan purchased the original $330 million payment-in-kind note from AB InBev.
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