Top private equity news of the week

Golden Goose has begun marketing a $1.04bn bond sale to finance its acquisition by private equity firm HSG, according to Bloomberg.

The Italian luxury brand plans to issue €880m in seven-year fixed and floating rate notes, with at least €350m allocated to each tranche. 

The fixed-rate portion is being marketed with yields in the mid-to-high 6% range and will be callable after three years, while the floating-rate tranche is priced at three-month Euribor plus 400–425 basis points and callable after one year.

Read more here
 

General Atlantic has secured a new minority investment in Joe & the Juice from Emirates International Investment Co., in a transaction valuing the global food and beverage chain at $1.8bn, according to Bloomberg sources.

The Abu Dhabi-based investor, part of National Holding, is acquiring a mix of existing shares from General Atlantic and newly issued equity, while the private equity firm retains control of the business.

The deal builds on an existing relationship, with EIIC already operating as a franchise partner for Joe & the Juice in markets including Spain and Turkey, providing both capital and operational alignment as the company scales internationally.

Read more here.

Partners Group has closed its latest private equity secondaries programme with more than $9bn in commitments.

The programme, which includes a flagship closed-end fund alongside bespoke mandates and co-investment vehicles, attracted a globally diversified investor base spanning Europe, Asia-Pacific, and the US, with significant participation from Asia-Pacific investors.

The vehicle is already 60% deployed, providing investors with immediate exposure to a diversified portfolio of assets managed by leading private equity firms.

Read more here.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.