Radar > 234765

Parques Reunidos could go public in May

Parques Reunidos podría salir a Bolsa en mayo

Intel ID : 234765
Synopsis

Parques Reunidos could go public in May, as published by newspaper Expansión on 16 March 2016, based on market sources.

Arle Capital, a private equity fund and owner of leisure facilities, hired Morgan Stanley (NYSE: MS) and Deutsche Bank (FWB: DBK; NYSE: DB) to carry out the project. Their role is to make initial contacts with key international investors to present the company and its perspectives, and to assess price range these would be willing to offer to acquire shares in the IPO.

Market estimates valued the company's share capital at approximately EUR 1.4bn and its debt at EUR 650m.
(content in spanish)

Parques Reunidos podría estar preparando su salida a Bolsa para el mes de mayo, según ha publicado el diario Expansión el 16 de marzo de 2016, basándose en fuentes del mercado.

Arle Capital, el fondo de private equity propietario del operador de instalaciones de ocio, ha seleccionado a Morgan Stanley (NYSE: MS) y Deutsche Bank (FWB: DBK; NYSE: DB) para sacar adelante el proyecto. Su cometido en estos momentos es mantener contactos iniciales con inversores internacionales clave para explicarles la compañía y sus perspectivas, y tantear la banda de precios a la que estarían dispuestos a realizar ofertas para comprar acciones en la OPV.

Las estimaciones del mercado tasan en alrededor de EUR 1.400m el capital de la compañía y en EUR 650m la deuda.

Seller

United Kingdom

Advisors

prospect
prospect

Intel ID 234765
Value EUR 1.400,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Parques Reunidos
(31 Dec 2019)
Revenue: EUR 698,59m
EBITDA: EUR 134,69m
Net Debt: EUR 506,66m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Primary Sector (TTRSC)
15.10.08 Sports, Recreation & Entertainment
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Equity Capital Markets

Date Issuer/Buyer Type Country VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.