Wall Street Banks Line Up Financing for €1.5 Billion Sushi Deal
Wall Street banks are lending €750 million ($867 million) to finance the roughly €1.5 billion tie-up of Asian food producer Eat Happy Group and sushi supplier Hana Group SAS’ European operations, according to people familiar with the matter.
The debt deal includes a €650 million term loan and a €100 million revolving credit facility from Deutsche Bank AG, RBC Capital Markets and UniCredit SpA, said the people, who requested anonymity to discuss the financing.