Business & Finance
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.