Refinancing believed to include £65m dividend recap
Ergon bought a 47% stake in restaurant chain from EQT in May this year
GP bought the asset in €885m deal in 2007
Marks third refinancing since 3i's acquisition in 2010
Latest refinancing is Findus's third debt-servicing deal in two years
Deal has freed up capital for investment
Refinancing includes material acquisition facilities
Company's backers have agreed debt-for-equity swap
Ardian provides £40m unitranche facility
Company also secures €65m super-senior revolving credit facility
Proceeds will refinance existing senior secured notes
Alchemy bought holiday operator in 2006
Alcentra and BPI France arrange unitranche financing
Backers include Gimv, Partech and Elaia Partners
Increased UK GDP forecast could cause emotionally driven deals
Placement more than 15x oversubscribed
GP receives SEK 345m dividend
GMT Communication Partners portfolio company Karnov Group, a Scandinavian information and business intelligence provider, has received a DKK 510m refinancing package.
GE Capital and Ares Management have arranged unitranche facilities worth £76.5m for the refinancing of Corsair Capital-backed NoteMachine.
August Equity portfolio company Rixonway Kitchens, a UK-based kitchen manufacturer, has completed a refinancing of more than £15m.
KKR has made a debt and equity commitment of around €100m to vending machine firm Gruppo Argenta to stabilise its capital structure and provide growth capital.
Hutton Collins-backed Caffè Nero, a UK-based coffee shop chain, has completed a £275m refinancing comprising senior and mezzanine debt.
Ratos has refinanced its portfolio company, SB Seating – an Oslo-based office furniture producer – to the tune of NOK 345m.
Alliance Automotive, a French portfolio company of Weinberg Capital Partners (WCP), has issued a €185m private high-yield bond.