The financing, which will be ranked investment grade, is being marketed to institutional investors and structured with maturities of five, 10, and 25 years. Goldman Sachs is arranging the transaction, with pricing expected in early February. The platform is founded by Danny Menken, former managing director of Eurosport and co-founder of Eleven Sports, alongside Karim Ben Rejeb, a former JPMorgan investment banker with more than 20 years of dealmaking experience. Anta submitted the proposal several weeks ago and has secured financing should a transaction proceed. However, one source said discussions have stalled, and there is no certainty a deal will be agreed. The deal includes performance-based incentives that could lift the valuation to as much as $1.5bn. Arctos' senior management team, led by co-founder Ian Charles, will remain in place and retain their existing carried interest, while also receiving shares in KKR. Subscribe to our Newsletter to increase your edge. Don't worry...
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