Privately-owned housebuilder Miller Group is to refinance its debt in a £160m deal with US private equity firm Blackstone.
Miller Group, which built 1,915 homes last year, will see a controlling stake taken by Blackstone’s credit arm GSO Capital. The Miller family’s 62 per cent holding in the company will be diluted by the deal.
Financial Times 20
Privately-owned housebuilder Miller Group is to refinance its debt in a £160m deal with US private equity firm Blackstone.Miller Group, which built 1,915 homes last year, will see a controlling stake taken by Blackstone’s credit arm GSO Capital. The Miller family’s 62 per cent holding in the company will be diluted by the deal.Financial Times 20
