Investors Line up for Parques Reunidos Loan

摘要

Banks are showing a select group of investors a €1.16bn debt financing backing Swedish private equity firm EQT's acquisition of Madrid-based theme park operator parques reunidos. EQT, Miles Capital and Alba are acquiring a 55.79% stake in the company, in a take private transaction, for €631m. Miles Capital and Alba already own the rest of the company so the offer is for the remainder. Morgan Stanley and JP Morgan are leading the €1.16bn leveraged loan financing, alongside Santander, BNP Paribas and INC. The financing comprises a €960m term loan and €200m revolving credit facility. It is being shown to earlybird investors prior to launching general syndication to a wider group of investors shortly.