Latest news with #privateDebt
Associated Press
28-05-2025
- Business
- Associated Press
AEA Private Debt Leads First Lien Credit Facility to Support Falfurrias Capital Partners' Refinancing of Training The Street
NEW YORK, May 28, 2025 /PRNewswire/ -- AEA Investors' Private Debt group ('AEA Private Debt'), a leading provider of private credit to the middle market, today announced that it served as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner for a first lien credit facility in support of the refinancing of Training The Street ('TTS' or the 'Company'), a portfolio company of Falfurrias Capital Partners ('FCP'). Headquartered in Charlotte, NC, Training The Street is a leading global provider of accounting, capital markets, financial modeling, and corporate valuation training. The Company's clients include institutions like investment banks, asset managers, private equity firms, consulting firms, and universities, as well as individual learners pursuing careers in finance. With its robust team of expert instructors and deep practical experience, TTS currently serves over 425 corporate clients, 3,500 self-study clients, and 100 universities. 'Training The Street has earned a reputation as a provider of choice with a range of effective, flexible training solutions, enabling the Company to establish an attractive client base that is diversified both by user type and geography,' said Jeff Schmidt, Principal at AEA Private Debt. 'We are thrilled to partner with FCP to support TTS's growth and are pleased to further expand on our relationship.' Reflective of AEA Private Debt's partnership-oriented approach, this financing marks the second transaction the team has completed in support of FCP over the past year. 'AEA has been a terrific partner, and we appreciate their ability to provide a swift, thoughtful financing solution in support of Training The Street,' said Katie-Rose Austin, Vice President at FCP. 'TTS is well positioned for growth and success, and we look forward to our continued collaboration with the AEA Private Debt team.' About AEA Private Debt AEA Private Debt makes senior debt, unitranche, junior debt, and equity co-investments in leading middle market companies across a broad range of industries and end markets. AEA Private Debt's team of experienced professionals partners with private equity firms, family offices, and entrepreneur-backed companies to provide financing solutions in support of leveraged buyouts, recapitalizations, add-on acquisitions, refinancings, and other similar capital needs. Since inception in 2005, AEA Private Debt has invested over $8.5 billion across more than 425 transactions. AEA Private Debt is part of AEA Investors ('AEA'), which was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives, and leaders, many of whom invest with AEA as active individual investors, join its portfolio company boards, or act in other advisory roles. Today, AEA's over 120 investment professionals operate globally with offices in New York, Stamford, Jacksonville, San Francisco, London, Munich, and Shanghai. The firm manages funds that have approximately $18 billion of invested and committed capital including the leveraged buyouts of middle market and small business companies, growth capital, and private debt investments. For more information, visit About Training The Street Training The Street is the world's leading provider of courses in accounting, asset management, capital markets, financial modeling, corporate valuation, and data science training to investment banks, financial institutions, consulting firms, federal government agencies, law firms, business schools, and top colleges. With offices in the financial hubs across the U.S., as well as London and Hong Kong, TTS boasts a deep field of expert instructors and extensive practical experience. Currently, TTS is offering live and virtual training programs to interns and full-time hires at over 425 banks and corporate businesses, including 9 of Wall Street's 10 largest banks. Additionally, TTS leads workshops at more than 100 academic clients, including the top business schools globally. For more information, please visit About Falfurrias Capital Partners Falfurrias Capital Partners is an operationally focused middle-market private equity fund focused on investing in growth companies in the government and business services, food manufacturing, and industrial technology sectors. The team is comprised of investors and proven operators, as well as in-house resources across strategy & market insights, risk & integration, talent, and technology. The fund is managed by Falfurrias Management Partners, a Charlotte-based private equity firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised $3.6 billion across seven funds and invests in growing, middle-market businesses in sectors where the firm's operational resources, relationships, and sector expertise can be employed to complement portfolio company executive teams in support of growth objectives. For more information, visit Media Contacts Kaitlin Bilby (212) 845-4307 [email protected] Kate Thompson / Erik Carlson Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449 View original content: SOURCE AEA Investors
Yahoo
24-05-2025
- Business
- Yahoo
Bloomberg – Inter Milan Could Follow Barcelona, Tottenham Hotspur & Roma By Refinancing Bond With Private Debt
Bloomberg – Inter Milan Could Follow Barcelona, Tottenham Hotspur & Roma By Refinancing Bond With Private Debt Inter Milan could turn to the private debt market to refinance their bond, following the lead of Barcelona, Spurs, and Roma. This according to US financial outlet Bloomberg. They report that Nerazzurri owners Oaktree Capital would back up this refinancing strategy with the club's broadcasting and sponsorship revenues. Advertisement Inter Milan have a sizable debt bond. Held by the Inter Media and Communication SpA company, the Nerazzurri's bond is worth over €400 million. And that bond comes due in 2027. Therefore, the Nerazzurri must refinance the bond before then. And according to Bloomberg, Inter owners Oaktree Capital have a clear idea on the path forward. Inter Milan Could Refinance Bond With Private Debt – Following Barcelona, Roma & Spurs UDINE, ITALY – SEPTEMBER 18: Giuseppe Marotta, CEO for sport at FC Internazionale looks on prior to the Serie A match between Udinese Calcio and FC Internazionale at Dacia Arena on September 18, 2022 in Udine, Italy. (Photo by) According to Bloomberg, Inter Milan could turn to the private debt market. This would entail refinancing their bond through funds such as asset management firms, insurance companies, and pension funds. Advertisement Such a strategy is common in the US financial world. It would have the advantage of longer maturities on the bond in the future in comparison to high-yield bonds. Bloomberg note that Inter could back up such an approach with their high revenues from broadcasting deals and sponsorships. And the outlet also highlight the fact that in Serie A, Roma already converted their own high-yield bond by refinancing privately. And around Europe, the likes of Barcelona and Tottenahm Hotspur have also done so.
Bloomberg
23-05-2025
- Business
- Bloomberg
Inter Milan Eyes Raising Private Debt Tied to Media Rights
FC Internazionale Milano SpA is looking at private debt markets to refinance its high yield bonds backed by the football club's sponsorship and media rights, said people familiar with the matter. The Milan-based club is marketing privately placed notes to institutional investors to replace about €400 million ($453 million) of bonds at Inter Media and Communication SpA, a vehicle housing the club's media and sponsorship rights, said the people, who spoke on the condition of anonymity. The existing junk-rated debt comes due in February 2027, according to data compiled by Bloomberg.
Bloomberg
21-05-2025
- Business
- Bloomberg
Clearlake Nears $5.5 Billion Private Debt for Dun & Bradstreet
Clearlake Capital Group is close to inking a $5.5 billion private debt package to support its acquisition of Dun & Bradstreet Holdings Inc., marking one of the largest private credit deals on record, according to people with knowledge of the matter. Ares Management Corp. is leading the financing, which is expected to close imminently, said the person, who asked not to be identified discussing private information. Morgan Stanley is also an arranger on the deal, the people said.
