Investcorp Signs $400Mn Loan Facility
In February, Investcorp announced profits of$90mn for 1996, up 29% on 1995 (MEES, 10 March). Investcorp and its clients currently own 14 corporate investments in NorthAmerica and Europe, including the recently acquired Norwegian seagear and outdoor clothing companyHelly Hansen (MEES, 21 April). The company's assets include Mondi, Ebel and Saks FifthAvenue. Earlier this year, Moody's gave Investcorp a non-investment grade...
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