Authentic Brands Group may be on the verge of landing another big fish for its portfolio of brands, as recent developments suggest Oaktree Capital-controlled Boardriders is on the verge of selling its portfolio of largely surf-focused brands, led by Quiksilver and Billabong. Jamie Salter-led ABG appears in position to be the winning bidder after months of speculation on who might acquire the company.

This week, Moody’s assigned a B1 rating to ABG Intermediate Holdings senior secured credit facilities, including an extended $240 million revolver, a $1.525 billion term loan and a $600 ... Log in to view full article.