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Quadrant ferries in HPS for tourism group refi

Jan 18, 2019 - Australian Financial Review

Quadrant Private Equity is considering taking a substantial amount of money off the table at tourism company Experience Australia Group, as part of a larger recapitalisation of the business.

Street Talk understands Quadrant has earmarked Experience Australia Group for a dividend recapitalisation, which would see the company's existing $170 million debt refinanced and an extra amount borrowed to return funds to shareholders.

Sources said Quadrant was in talks with global credit manage...