Hudson Group buyout credit facility expected as January business

By Sara Rosenberg

New York, Dec. 21 - Hudson Group is expected to launch a new credit facility sometime in January to help fund its buyout by Advent International, according to a market source.

CIT Group is the lead bank on the deal.

Hudson Group is an East Rutherford, N.J.-based travel retail specialist that operates more than 550 newsstands, bookstores, cafes and specialty retail shops in 69 airports and transportation terminals.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.