HPS and Arcmont inject €25m into Dainese as debt-for-equity talks advance - Private Equity Wire

HPS and Arcmont inject €25m into Dainese as debt-for-equity talks advance - Private Equity Wire

Private credit giants HPS Investment Partners and Arcmont Asset Management have provided €25m in fresh funding to embattled Italian sportswear manufacturer Dainese, as negotiations intensify over a potential debt-for-equity takeover, according to a report by Bloomberg. The new financing, structured as private notes maturing in three years, is intended to stabilise Dainese’s operations amid ongoing discussions with its private equity owner, Carly…