Howden Group ups debt to £2.9bn to finance Aston Lark purchase
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Howden Group ups debt to £2.9bn to finance Aston Lark purchase

Rachel Dalton
05 November 2021
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Howden Group is seeking to raise £460mn ($620mn) in US dollar equivalent debt as part of its deal to buy Aston Lark.

A Moody’s note revealed that the acquisitive broking group is also expected to issue £390mn in PIK notes, through a newly created intermediate holding company, to fund part of the acquisition.

The

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Rachel Dalton
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