3 PE firms Buy 25% of Santander Consumer USA--UPDATED
Three PE firms--Warburg Pincus, Kohlberg Kravis Roberts and Centerbridge Partners--have bought 25% of Santander Consumer USA, the U.S. affiliate of Grupo Santander that provides automotive fiancing. The PE firm have invested $1 billion while Dundon DFS has put in $150 million. Deutsche Bank and Barclays Capital provided financial advice to the PE firms. UPDATED: Goldman Sachs along with Ken McPhail, David Adler and Varun Wadhawan of BofA Merrill Lynch advised Santander.
21 October 2011•1 min read
