Alcentra and Santander back Agilitas deal

The private debt group and Spanish bank teamed up to provide a unitranche loan to finance Agilitas Partners’ buyout of Impetus Waste Management.

Sub-investment grade corporate credit specialist Alcentra has teamed up with Santander to provide unitranche debt package to private equity group Agilitas Partners in support of its buyout of waste firm Impetus Waste Management (IWM).

The deal is the latest example of debt funds and banks joining forces to provide a financing solution to a sponsor.

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