GEMS hits screens with LBO dual currency pair

By Mariam Meskin
30 Jul 2019

GEMS Education came to the market on Tuesday with a pair of seven year senior secured bonds. The issues form part of a larger debt package being raised to support private equity firm CVC Capital Partners purchase a minority stake in the Dubai-headquartered education provider.

Goldman Sachs is sole physical bookrunner and global coordinator. Credit Suisse joins as global coordinator and joint bookrunner, while Citigroup, Emirates NBD and HSBC are joint bookrunners. 
The two seven year senior secured bonds of $500m and $300m-equivalent in euros (€269m), are part of a debt package being raised ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.