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Billabong seals PE refinancing packageThe credit arm of The Blackstone Group and a consortium led by Altamont Capital have agreed to give a $294m bridge loan to the ailing Australian surf-wear maker.
- Revised Billabong terms approved
Australian regulators have accepted a revised Billabong takeover bid, having rejected its previous proposal that included a 20% break-up fee.
- Altamont closes debut fund on $500m
The San Francisco-based mid-market firm was launched in 2010 by three former executives at Golden Gate Capital, including co-founder Jesse Rogers.