Survitec buyout by Onex backed with $457 million of debt: Reuters

Canadian private equity firm Onex Corp's buyout of U.K. safety and survival equipment maker Survitec will be backed with around 300 million pounds (US$457 million) of leveraged loans, banking sources said on Wednesday, Reuters reported. Onex agreed to buy Survitec this week from Warburg Pincus.

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