Macro Finance
Banks Add Rare Lender Protection to Nestle Water Debt Deal
Bloomberg Markets·September 30, 2026·1 min read
Banks led by Bank of America and Deutsche Bank added a rare lender protection to a €2.8 billion ($3.2 billion) financing for Platinum Equity's acquisition of a stake in Nestle's water business. The concession helps secure the deal, marking an unusual step in syndicated lending.
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