Global investment firm The Carlyle Group’s (NASDAQ: CG) Global Credit platform has agreed to provide a debt financing package of EUR400 million for Infront Group (Infront), a sports marketing company based in Switzerland.
Founded in 2003 and headquartered in Zug, Infront is one of the world’s largest sports marketing companies, offering a broad range of services including Media Rights, Sponsorship Rights, Media Production and Digital Solutions. Infront intends to use the funds to refinance its existing debt and to support its expansion plans.
The debt financing package for Infront was led by Carlyle’s Credit Opportunities platform, part of Carlyle’s $59 billion Global Credit segment, which regularly pursues investments in privately negotiated capital solutions primarily for upper middle market borrowers, including both private equity sponsored and family or entrepreneur-owned companies.
