Quadrant Private Equity’s Pacific Hunter hospitality empire has been handed a lifeline after refinancing, with its two lenders extending the debt out two years and giving them access to additional facilities.
Pacific Concepts, the part of the business which houses Fratelli Fresh, El Camino Cantina, The Bavarian, Munich Brahaus and The ArgyleShinhan Bank owns roughly half of the $228 million debt stack for Pacific Concepts, with Metrics Credit Partners holding the remainder. As Street Talk reported in June, ANZ Banking Group, which provided funding to the company in 2019, left the debt stack about 18 months ago with Metrics absorbing its position.
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