Crédit Agricole Indosuez and Crédit Lyonnais have won the mandate to arrange a Eu1.155bn loan for Fimalac, the parent company of Fitch IBCA. The rating agency is merging with US counterpart Duff & Phelps, and the deal will back that transaction. The facility is split into three tranches. The 'A' tranche is a Eu265m amortising term loan maturing at the end of this year. The 'B' tranche is an Eu585m amortising term loan maturing in June next year. The 'C' tranche is a Eu305m revolver with a five year tenor.
March 17, 2000