Ares Mulls €100 Million Refinancing for France’s Point Vision

Ares’ private equity division is considering refinancing about €100 million ($111 million) of debt at its Paris-based Point Vision unit, according to people with knowledge of the matter.

• The debt could be either private credit or bank financing, said the people, who asked not to be identified because the matter is private
• The chain of eye care centers generates around €20 million of Ebitda, they said
  • Rothschild is advising on the potential refinancing
• Representatives for Ares, Rothschild and Point Vision declined to comment on details of the financing
• NOTE: Ares acquired a majority stake in the company in ...