Street Talk
Credit funds lined up for $460m QMS funding package
Quadrant Private Equity and its bankers are set to syndicate a $460 million debt facility to help fund the firm's acquisition of ASX-listed QMS Media.
It is understood lead financier Nomura has booked a bunch of credit funds to meet QMS Media management in the week starting November 18, in an effort to have commitments locked in before Christmas.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column. Connect with Tim on Twitter. Email Tim at tim.boyd@afr.com
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