Famosa

Further details have emerged on the senior debt financing supporting the EURO123 million LBO of top Spanish toy manufacturer Famosa by private equity sponsor Inveralia.

Rabobank was initially mandated to bridge the EURO96 million senior debt, which was then discreetly launched in a club-style syndication.

Since then, Royal Bank of Scotland has committed to the deal. In addition, two Spanish banks are said to be finalising credit approval and are close to joining.