Commerzbank Securities and JP Morgan are arranging a €1.12bn ($1.12bn) debt package for EQT to partly finance the northern European private equity group's leveraged buy-out of Haarmann & Reimer and Dragoco, two of the largest flavours and fragrances manufacturers.

The debt financing includes €880m of senior secured debt and a €240m mezzanine loan that is expected to be refinanced in the high-yield bond market. Commerzbank and JP Morgan 
have also been appointed as lead managers of the bond.

Commerzbank and JP Morgan back Haarmann & Reimer LBO

Vivek Ahuja

JP Morgan

Commerzbank

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