While all the attention is on M&A and IPOs, there’s also plenty of action taking place in debt markets.
Following on from whopper loans at Woolworths’ Endeavour Group and ESR’s Milestone, private equity owned I-MED is in front of banks for its own capital injection.
I-MED’s looking to secure $1.01b, however Street Talk can reveal the debt package leaves plenty of room for M&A, should Permira look to progress its industry consolidation thesis.
Elsewhere, we’ve spotted Jefferies and Bell Potter with a new IPO contender and have news on Antony Catalano’s latest real estate deal.
Happy reading Sarah Thompson, Anthony Macdonald and Tim Boyd
Private equity owned I-MED Radiology Network is restocking its acquisition warchest as part of a new $1.01 billion debt deal in front of the group’s lenders.
Australian cancer diagnosis and treatment hopeful Clarity Pharmaceuticals has hired investment banks Jefferies and Bell Potter to manage an initial public offering that could value it at more than $250 million.
Former Domain Group boss turned publisher Antony Catalano is back in the real estate game, this time taking a stake in virtual sales agent group Propic.
