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New Deal


Announced

Completed

Noteholders of Lecta completed the acquisition of Lecta.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Paper

Acquisition

Private

pulp and paper

Friendly

Restructuring

Majority

Completed

Single Bidder

Spain

Synopsis

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Noteholders of Lecta completed the acquisition of Lecta, a pulp and paper company. Financial terms were not disclosed. The recapitalisation was implemented via the transfer of Sub-Lecta to be indirectly held by a newly incorporated UK company and the exchange of existing senior secured notes to new longer dated debt instruments and equity.

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