Over 80 percent of the senior debt holders in Findus Group voted in favor of the refinancing proposal put forward by the mezzanine debt holders, a source close to owner Lion Capital told IntraFish.
Lion, which submitted a refinancing offer in cooperation with JP Morgan, Highbridge Capital and CapVest, is almost “past the post,” said the source.
IntraFish previously reported the mezz proposal, which at the time was not know to include CapVest, had won support of the corporate committee of senior lenders, but needed a two-thirds of the senior debt holders to win out over Triton.
London-based
