25th Aug 2022 09:19
Petershill Partners PLC - investment vehicle managed by Goldman Sachs Asset Management that invests in alternative asset managers - Places USD500.0 million in senior unsecured debt, via a US private placement with a group of institutional investors. The weighted average coupon of the new issuance is 5.7% and the weighted average tenor is 11.2 years. Says most of the proceeds will be used to retire its current outstanding USD350.0 million senior secured notes, and the remainder will be used for "general corporate purposes" as well as new acquisitions. Read More
