Boels Topholding to repay some term loan B debt with notes proceeds

By Sara Rosenberg

New York, April 16 – Boels Topholding BV plans to partially repay its existing term loan B using proceeds from a €500 million senior secured notes offering, according to a market source.

Remaining proceeds from the notes will be used to fund the acquisition of Riwal and to pay fees and expenses in connection with the transaction.

Boels is a European equipment rental services company.

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