Doughty Hanson Refinancing $904M in Debt

Private equity firm Doughty Hanson is refinancing 635 million euros ($904 million) in debt that that it used to buy offshore fund administration firms Equity Trust and TMF Group, Reuters reported. Bank of Ireland, HSBC and Unicredit are expected to lead a leveraged loan refinancing. The new financing will provide a single debt structure for the two financial management businesses, Reuters wrote.

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