Mandarin Capital Partners has sold its 40% stake in Dagong Europe, an Italy-based credit rating business, to parent company Dagong Global Credit Rating.
This is the seventh investment made by the GP via Meridia Private Equity I, a €105m fund closed in 2017
Oprah Winfrey, Roc Nation, Natalie Portman, and former Starbucks CEO Howard Schultz also take part in the round
Live Briefing: Tuesday 21 July at 4pm BST
Many bondholders bought into the restaurant chain in late 2019 as its bonds traded lower