I-MED’s mega $1.8b refi | Tradecorp ’s beauty parade | TA swoops on Viridian

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London-based private equity firm Permira’s attempts to sell its radiology giant I-MED may be a slow burn. But its debt refinancing has been an open-and-shut affair.

Street Talk understands I-MED over the weekend signed off on a $1.8 billion debt package, underwritten by eight banks including Barclays, Commonwealth Bank of Australia, Crédit Agricole, ING, Morgan Stanley, MUFG, Natixis and HSBC.

It is the biggest PE-backed debt refinancing this year, and comes as falling interest rates have encouraged deal makers to revisit the loan markets to fine-tune borrowing costs and/or to take some money off the table.

Read the full story: Permira’s radiology giant I-MED signs off on $1.8 billion debt refinancing

Tradecorp Group, a family-owned company in the business of supplying and storing shipping containers, is preparing to parade itself in front of potential buyers ahead of a sale process.

The Australian sharemarket climbed on Monday, extending its financial year gain as progress in US trade negotiations boosted investor sentiment.

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