The two banks are both advising on the process and offering the so-called staple financing to any potential buyer of the Platinum Equity-owned firm. — Bloomberg
MADRID: Citigroup Inc and Banco Santander SA are readying a debt package of up to €4bil (US$4.2bil) to back a potential sale of Spanish waste management company Urbaser SA.
The two banks are both advising on the process and offering the so-called staple financing to any potential buyer of the Platinum Equity-owned firm, according to people familiar with the matter.
