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News analysis: Merlin Refinancing - Magic lessons

Richard Webster

Merlin Claims Services recently breached its banking covenants, triggering it to seek a refinancing deal. Jonathan Swift talks to CEO Richard Webster about the perils of boom-time private equity backed deals.

The issues that have recently befallen Merlin Claims Services, in terms of breaching its banking covenants, could be seen as a cautionary tale for those firms that sold to private equity investors at

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