Flint Group plans about €1.7 billion credit facility for buyout

By Sara Rosenberg

New York, April 14 - Flint Group is expected to get a roughly €1.7 billion credit facility to help fund its acquisition of Goldman Sachs Merchant Banking Division and Koch Equity Development LLC from CVC Capital Partners, according to a market source.

The facility, which will include euro and U.S. dollar-denominated components, consists of a revolver, a first-lien term loan and a second-lien term loan, the source said.

Deutsche Bank Securities Inc., Morgan Stanley Senior Funding Inc., Barclays and Goldman Sachs Bank USA are the lead banks on the deal, with Deutsche the left lead on the first-lien term loan and Morgan Stanley the left lead on the second-lien loan.

Flint is a Luxembourg-based supplier of inks and other print consumables.

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