Global investment firm Carlyle and Australian private credit manager amicaa announced a NZ$140 million debt financing package to support the management buyout of NPD, an independent New Zealand fuel retailer. Founded by the Milne Family in 1969, NPD operates a network of 109 fuel sites across New Zealand. This financing will enable current CEO Barry Sheridan to lead the buyout, ensuring the business remains independent while funding growth and transaction-related expenses. The loan includes sustainability-linked incentives to help NPD meet Scope 3 emissions targets.
Private Equity, Energy, Credit Management,New Zealand, Australia, Global
https://www.carlyle.com/media-room/news-release-archive/carlyle-and-amicaa-provide-nz140-million-debt-financing-management