Terra firma capital partners four seasons

Apr 14, 2018 · Guy Hands, founder of Terra Firma Capital Partners ... The US hedge fund H/2 Capital, owner of most of Four Seasons’ £525m bond debt, has agreed to another month of talks on restructuring ...

Dec 10, 2017 · The owner of Four Seasons, private equity firm Terra Firma, warned that progress was being blocked as the care home’s key lender, US hedge fund H/2 Capital Partners, refused to meet with it. Dec 10, 2017 · Terra Firma has offered to resolve the crisis by handing over the keys to Four Seasons to H/2, led by former Lehman Brothers banker Spencer Haber, which owns the majority of Four Seasons’ £525m...

Terra Firma bought Four Seasons for £825 million in 2012 and has been forced to stomach a £450 million writedown on its investment. Read Full Story SHOW COMMENTS Dec 04, 2017 · Private equity group Terra Firma on Monday called on the bondholders of British care homes operator Four Seasons to take over the group and its 343 homes for a nominal sum, with immediate effect ...

Nov 08, 2017 · Four Seasons was made to borrow £220m from Terra Firma subsidiaries. The repayment terms were huge – 15% interest a year, on a compound basis, over 10 years. By 2022, when it was due to be repaid, Four Seasons would have owed its controlling shareholder four times the original sum. A portfolio of care homes that private equity boss Guy Hands secured after a fierce legal battle is on the [...] The post Terra Firma on brink of £160m care home deal with Barchester Healthcare ... Dec 14, 2017 · Terra Firma said it was willing to hand over Four Seasons’ 343 homes if H/2 Capital Partners protects and runs 24 other homes, the ownership of which is a matter of legal dispute. Jul 17, 2019 · Four Seasons, Britain’s second ... One is H2 Capital Partners, ... which are on sale separately by Terra Firma for about £200m. Patron Capital Partners, a property investor, is interested.