Towergate parent in £800m debt issuance

KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

KIRS Group, Towergate, Venture capital, UK

More on this story

Towergate launches London specialty MGA with Dual hire
01-08-2017

Ryan Specialty closes UK unit sale to Towergate parent KIRS
23-06-2017

New Towergate group KIRS prices debt issuance to finance acquisitions
07-06-2017

Towergate to merge with Ryan Direct, Chase Templeton, Autonet
09-05-2017

Towergate parent in £800m debt issuance

More on this story

Other related

More on this story

Sign up for the newsletter