Baxi renegotiates debt to avoid default(2)

Baxi, a European heating company owned by buyout firms BC Partners and Electra, has approached lenders in an appeal to renegotiate its debt obligations to avoid defaulting. The negotiations come as the latest sign the credit markets are proving less favourable to buyout firms.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this