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Deutsche Bank lines up $200m financing for Blackstone’s renewed bid for Trans Maldivian Airways

Private Equity Insights

The potential financing package, which may carry an interest rate of 10% or less, remains under negotiation. The potential financing package, which may carry an interest rate of 10% or less, remains under negotiation. The bid for TMA is reportedly valued at under $500m. Blackstone has not yet formally mandated the funding.

Bidding 147
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Here's How I Bid on a Business Class Upgrade for Cheap

The Motley Fool

That's because I don't make a CEO-level salary, and I'm working to meet my personal finance goals. Some airlines allow passengers to bid for a seat upgrade. Some of these airlines allow customers to bid on seat upgrades. My bids were accepted on three occasions. Make sure to only bid what you can afford to pay.

Bidding 246
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Update: KKR, CKI, and FitzWalter among six bidders for Thames Water equity rescue

Private Equity Insights

US infrastructure investor Stonepeak, which manages over $70bn in assets, and FitzWalter Capital, known for distressed debt investments, have also submitted proposals but are seen as less likely to proceed with firm bids. The process remains fluid, with all bids currently non-binding.

Bidding 147
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Cerea Partners acquires majority stake in French chocolatier Relais Desserts

Private Equity Insights

The transaction includes debt financing from CIC Ouest and Caisse Rgionale Crdit Mutuel Loire-Atlantique Centre Ouest, alongside participation from Caisse Rgionale de Crdit Agricole Mutuel Atlantique Vende and Caisse d’Epargne et de Prvoyance Bretagne Pays de Loire.

Stakes 162
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Moonfare, a digital private equity investment platform, expands into Australia to offer private equity access to local investors

Private Equity Insights

Source: Yahoo Finance If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com. In 2024, Moonfare introduced a direct investment programme, enabling investors to co-invest in select companies with top general partners. Can’t stop reading?

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Vista Equity delays $6bn Finastra refinancing as market volatility curbs loan appetite

Private Equity Insights

The refinancing, led by Morgan Stanley and JPMorgan, was designed to replace a $4.8bn private credit loan raised less than two years ago, and return $1bn in preferred equity Vista invested in 2023 to complete the original financing. The proposed new structure included a $5.1bn senior term loan and a $1bn junior tranche.

Bidding 147
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KKR and Bain advance in Seven & i sale

Private Equity Wire

KKR and Bain Capital have each submitted first-round bids exceeding $5bn for the non-core assets of Japan’s Seven & i Holdings, according to a report by Reuters citing sources familiar with the matter. KKR bid approximately JPY800bn ($5.1bn) for York Holdings, a unit being spun off by the Japanese retailer.