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    Home»Deals»Inter President Steven Zhang In Talks With Bain Capital Regarding €250M Bridge Loan
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    Inter President Steven Zhang In Talks With Bain Capital Regarding €250M Bridge Loan

    February 21, 20211 Min Read
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    Club president Steven Zhang is looking for a bridge loan of around €200-250 million to help the Nerazzurri find liquidity before the March deadlines come into effect.

    The Milanese club are Suning’s powerful advertising vehicle to help them grow a business that has suffered heavily from the effects of the global Covid-19 pandemic.

    Zhang is negotiating with Bain Capital, a debt fund that could guarantee the money needed to get to the end of the season.

    Negotiations with BC Partners is still ongoing, although there is a €200 million difference between their offer for the club and Suning’s requests, which are €950 million.

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    Source: SEMPREINTER

    By Apollo Heyes

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    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

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