Home Business & Finance Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake
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Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake

Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake
Key Points

Deals Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake German online car-parts retailer Autodoc Holding SE is raising €530 million ($606 million) in debt financing to help it buy back a minority stake held by Apollo Global Management Inc. Autodoc kicked off the sale of a seven-year term loan B on Tuesday to help fund the repurchase of the shares.

Deals Autodoc Is Raising €530 Million Loan to Buy Out Apollo’s Stake German online car-parts retailer Autodoc Holding SE is raising €530 million ($606 million) in debt financing to help it buy back a minority stake held by Apollo Global Management Inc. Autodoc kicked off the sale of a seven-year term loan B on Tuesday to help fund the repurchase of the shares.
Apollo (ORG) German (ORG) Autodoc Holding SE (PERSON) Apollo Global Management Inc. (ORG) Autodoc (PERSON)
Originally published by Bloomberg Markets Read original →