QuadPay has received a $200 million line of credit from Goldman Sachs and Oaktree Capital via the Finitive private credit platform.
Goldman is providing a senior secured committed revolving line of credit facility to the company, while Oaktree Capital offered mezzanine financing. Both firms have made significant inroads into the private credit market, especially as of late as institutional investor interest in private debt deals continues to soar.
The global payments industry is an emerging area of interest within the alternative investment space, with private equity firms taking stakes in firms such as Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.Continue Reading
