Performance Sports Group (PSG:T)

[marcowelby]

Fairfax on the acquisition trail again!

 

http://www.theglobeandmail.com/report-on-business/performance-sports-files-for-protection-gets-lifeline-from-fairfax-sagard/article32588735/

 

 

I thought that Brookfield was to one to acquire PSG. What kind of structure are they going to have if Brookfield is involved?

 

 

Marc

 

[benhacker]

Broofield is rumored to either join the bid, lend via DIP, or potentially walk away.

 

There is $400m+ of debt / ABL in front of equity here, so curious how FFH structures this deal.  The business looks like it could be potentially interesting, but looks like some cost needs to come out as margins are not good.

 

Not sure, curious how they structure it if they are indeed bidding.