Global credit giant Carlyle and its local joint venture partner amicaa are getting into the fuel retailing business.
Street Talk can reveal the pair have signed off on a $128 million ($NZ140 million) debt financing deal to fund a management buyout of 55-year-old family-owned New Zealand fuel retailer NPD.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
