‎Tamara seeks $1.4B financing: Report

‎Tamara seeks $1.4B financing: Report ‎Tamara seeks $1.4B financing: Report

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Logo ofTamara Finance Co.

Tamara Finance Co., a provider of flexible payment solutions and consumer financing, is set to secure at least $1.4 billion in financing from a group of banks, Bloomberg reported, citing sources.

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Goldman Sachs, Citigroup, and Apollo Global Management are expected to participate in the asset-backed financing deal, the sources said.

One source noted that the transaction will refinance and expand a previous debt facility arranged by Goldman Sachs, adding that the commitment could increase to about $2.4 billion.

The deal is still being finalized, and its terms remain subject to change.

 

Logo ofTamara Finance Co.

Tamara Finance Co., a provider of flexible payment solutions and consumer financing, is set to secure at least $1.4 billion in financing from a group of banks, Bloomberg reported, citing sources.

Goldman Sachs, Citigroup, and Apollo Global Management are expected to participate in the asset-backed financing deal, the sources said.

One source noted that the transaction will refinance and expand a previous debt facility arranged by Goldman Sachs, adding that the commitment could increase to about $2.4 billion.

The deal is still being finalized, and its terms remain subject to change.

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