Financing teams gear up for activity

Deutsche Bank, GE Capital and PwC have all made hires amid a flurry of syndicated loan deals

European leveraged finance and corporate finance advisory teams are gearing up for an increase in activity amid a flurry of syndicated loan deals.

Financing packages currently being syndicated include £550m to £600m backing the Carlyle Group's buyout of roadside assistance provider RAC, about €500m of loans backing Blackstone Group's takeover of outdoor clothing retailer Jack Wolfskin and about €1.3bn of financing backing Clayton, Dubilier & Rice's buyout of French electrical engineering company Spie, according to market participants.

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