Street Talk

Carlyle around the goal for Rugby Australia debt as PE scrum collapses

Sources said the first phase of debt negotiations kicked off before the Rugby World Cup in France and the process has now entered phase two.

Sarah Thompson, Kanika Sood and Emma Rapaport

Oct 13, 2023 – 5.00am

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

It appears Rugby Australia’s funding efforts have progressed well into the second half.

Street Talk understands US buyout firm The Carlyle Group is one of seven parties vying to give the governing body a much-needed cash injection after negotiations with private equity funds fell through.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.