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Banks line up $10.5bn to back Univision

Royal Bank of Scotland has joined the five banks advising the $13.6bn (€10.8bn) buyout of Univision Communications in providing up to $10.25bn of debt financing for the deal. It is the sixth-largest loan used to back a leveraged buyout.

Banc of America Securities, Credit Suisse, Deutsche Bank, Lehman Brothers, Royal Bank of Scotland and Wachovia are providing the debt financing according to a filing with the Securities and Exchange Commission. It is the sixth largest loan to finance a leveraged buyout according to Dealogic, the investment banking research provider.

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