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Article Date: March 2023
Word Count: 199

Report: Boardriders Deal Valued at $1.3 Billion


Authentic Brands Group’s likely acquisition of the Quiksilver and Billabong parent could value the company at as much as $1.3 billion, Bloomberg first reported, citing a source familiar with the matter. As we reported last month, ABG is lining up financing for the deal, including a $1.525 billion term loan, a $600 million delayed draw term loan, and an upsized $240 million revolving credit facility, all due in 2028. The proceeds will be used to refinance an existing term loan that was coming due next year, as well as providing ... Log in to view full article.

 


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