... (CRM) and business process outsourcing (BPO) provider Konecta has announced that it will be acquired by Intermediate Capital Group (ICG) and its senior management. + The group will be acquired by a new intermediate holding company, Giralda Holding Conexion, S.L.U., which intends to raise a new 320 million senior secured, first lien term loan B (TLB), supported by a 60 million first lien revolving credit facility (RCF), and refinance the group's existing capital structure. + We are assigning our preliminary 'B+' long-term issuer credit rating to Giralda Holding Conexion, S.L.U. and our preliminary 'B+' and '3' recovery rating to the group's senior secured facilities. + The stable outlook reflects our expectation that low-single-digit-percentage GDP growth in Spain and Latin America will drive similar revenue growth for Konecta, with adjusted EBITDA margins sustained above 10%, and adjusted debt to EBITDA sustained below 5x....
