Sydney buyout firm Allegro Funds is refilling the tank in private credit markets, as its Kiwi fuel retailer Gull tows South Island-focused rival NPD into a $NZ1 billion ($830 million) deal.
Street Talk can reveal Allegro’s deal makers have refinanced the combined debt stack of the NPD-Gull business with New York-listed private debt giant Ares Management, which has tipped in more than $400 million.
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