Just 18 months after Affinity Equity Partners carved out crown jewel Lumus Imaging from ASX-listed Healius for a record $965 million, the pan-Asian private equity firm looks set for an early payday.
Dutch giant ING has underwritten a $250 million debt raising that will give Affinity a cashout equal to about 20 per cent of its initial equity cheque and fund the group’s next phase of growth, according to sources with knowledge of the transaction who were not authorised to speak on the record.
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