Carlyle Provides $180 Million in Transitional Capital to Zippy Shell
May 08, 2024
May 08, 2024
NEW YORK, May 8 -- Carlyle Group issued the following news release on May 7, 2024:
NEW YORK and WAKE FOREST, NC. -- Global investment firm Carlyle (NASDAQ: CG) today announced that it has invested $180 million in the form of preferred equity in Zippy Shell, one of the largest containerized moving and storage companies in the US. This investment, alongside a new first lien debt facility led by JP Morgan, will provide the company with capital to refinance its existing debt and fund st . . .
NEW YORK and WAKE FOREST, NC. -- Global investment firm Carlyle (NASDAQ: CG) today announced that it has invested $180 million in the form of preferred equity in Zippy Shell, one of the largest containerized moving and storage companies in the US. This investment, alongside a new first lien debt facility led by JP Morgan, will provide the company with capital to refinance its existing debt and fund st . . .