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Partners Blocks Hedge Funds From Investing In Its Troubled Firms

Source: Bloomberg

Credit & Bond MarketsPrivate Markets & VentureM&A & Restructuring

Partners Group is trying to refinance around €6 billion ($6.7 billion) of debt owed by some of its most troubled portfolio companies while blocking hedge funds from disrupting the effort. The move risks shrinking the pool of buyers as the companies’ loan prices fall.

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