Trade Me CFO discusses refinancing with 'a number of lenders'
UPDATE: Mark Conelly says planned dividend recapitalisation will provide an earlier return for Apax.
Will Mace Thu, 30 Sep 2021
Trade Me Group is in discussion with a number of lenders regarding a planned issue of $1.55 billion worth of term loans, and expects to have the deal “wrapped up shortly”, CFO Mark Conelly told NBR.
The loans will refinance Trade Me’s debt and shareholder loan, with its owner,
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