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SIRVA nets priming loan to bridge to broader restructuring

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SIRVA nets priming loan to bridge to broader restructuring

Max Frumes's avatar
Rachel Butt's avatar
  1. Max Frumes
  2. +Rachel Butt
•1 min read

SIRVA has raised between $70m to $80m via a new money priming loan in order to bridge the company to a broader debt restructuring, according to sources. The loan does not roll up any existing debt and negotiations are ongoing for a broader deal, sources said.

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