Carlyle Provides £230 Million Debt Package to Refinance Suntera

Carlyle’s credit arm is providing a debt package of around £230 million ($305 million) to financial services firm Suntera Global, according to a person with knowledge of the matter.

• Carlyle said in a statement on Tuesday that it was providing financing, without giving the amount; the fresh funding refinances the company’s existing debt and will help Suntera to grow organically and via acquisitions, it said
• The debt is split into around £140 million of drawn debt and approximately £90 million of undrawn facilities, said the person, who asked not to be identified because the details of the financing aren’t public ...