Permira Gets $850 Million From Private-Bond Sale Through Goldman

May 23, 2022, 4:04 PM UTC

Private equity firm Permira has borrowed the equivalent of about $850 million in euros and dollars through a private bond sale, according to people familiar with the matter.

Goldman Sachs Group Inc.arranged the offering, which raised 400 million euros ($426 million) and $433 million in debt maturing in seven, 15 and 20 years, the people said, speaking on condition of anonymity as the matter is private. Goldman Sachs and Permira declined to comment.

Asset managers, including Tiger Global Management and Tikehau Capital, are increasingly turning to private markets to raise money for acquisitions, matching fund commitments or dividend payments. ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.