Centerbridge in Talks to Inject About £250M Into Parkdean: Sky

Centerbridge Partners would provide the additional funding in debt for Parkdean Resorts, Sky News reports, without saying how it obtained the information.

• Centerbridge would join Parkdean’s capital structure alongside existing senior lender Ares Management Corporation
  • Other parties remain interested in leading the deal
• Parkdean spokesperson told Sky that it is “running a process to strengthen the balance sheet, and to provide firepower for continued growth and sector consolidation”
  • Centerbridge declined to comment to Sky

To contact the reporter on this story:
Louise Moon in London at lmoon13@bloomberg.net

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