(Bloomberg) — A group of lenders led by Deutsche Bank AG has been forced to come up with the cash to finance the leveraged buyout of typeface developer Monotype Imaging Holdings Inc. after struggling to find buyers for the debt.The banks had agreed to arrange debt financing to help private equity firm HGGC fund its takeover of the company, which owns the rights to popular fonts such as Times New Roman and Helvetica. After attempting to attract investors for about a month, the banks had to fund a $425 million loan so the deal could close last week, according to …read more
Source:: Yahoo Finance
