Partners Group is weighing a €200m ($231m) cash injection into portfolio company Emeria as the business grapples with elevated leverage and refinancing risk, according to a report by Bloomberg citing unnamed people familiar with the matter.
The proposed capital support would be provided alongside minority investor TA Associates and is aimed at strengthening Emeria’s balance sheet as it contends with a roughly €3.5bn debt burden accumulated during an expansion phase.
The discussions come as credi...
Continue Reading
Sign up for FREE to read the full article and access 125K+ alternative investment headlines.