UK - BC Partners calls on Rothschild
BC Partners has brought in NM Rothschild to help it restructure the debt of portfolio company Foxtons, an estate agency.
It is understood that BC Partners is said to be looking to refinance more than £250m of debt put up by the Bank of America and Japanese bank Mizuho, which is costing £26 million a year in interest payments.
BC acquired Foxtons in May last year in a deal valued at £390m. The company was set up by Jon Hunt in 1981 from a single site in Notting Hill.
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