With Cerved Technologies and CVC in a Euro 780 million High Yield bond issue aimed at the Cerved Group acquisition

Cerved Technologies S.p.A., a CVC fund company, has launched a Euro 780 million high yield bond issue split into Euro 300 million fixed rate bonds expiring in 2020, Euro 250 million variable rate bonds expiring in 2019 and Euro 230 subordinated bonds expiring in 2021.  The benchmark issue is instrumental to CVC Capital Partners’ acquisition, through Cerved Technologies S.p.A., of Cerved Holdings S.p.A., a leading group in Italy in the Business Information field.