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HPS leads $600m refi for Quadrant's QMS as exit looms

By Sarah Thompson

HPS leads $600m refi for Quadrant's QMS as exit looms

Quadrant Private Equity has signed a $600 million debt refinancing for its outdoor media business QMS Media, six months after it agreed terms to acquire rival Mediaworks New Zealand off Oaktree.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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