ESE World signs €90m refi

Avenue Capital and BlueBay Asset Management teamed up to provide the unitranche financing.

Stirling Square Capital Partners-controlled ESE World, a waste collection manufacturer, has signed a €90 million unitranche deal with Avenue Capital and BlueBay asset management. The lenders made equal commitments to the refinancing deal. 

The new facility has a six-year tenor and leaves the company levered 3.8x, a source close to the situation said.

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