Foncia Buyout Backed by up to $719M in Loans

Credit Agricole, Goldman Sachs and Natixis are arranging a leverage loan worth up to 500 million euros ($719.6 million) to back Eurazeo and Bridgepoint's buyout of BPCE bank's real estate arm Foncia, Reuters reported Wednesday. The acquisition will have a total size ranging from 900 million euros to 1 billion euros ($1.29 billion to $1.43 billion), Reuters wrote.

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