Regency Lenders Said to Consult Lazard on $700 Million of Loans
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Regency Entertainment SA’s lenders are consulting financial advisory firm Lazard Ltd. as the Greek casino operator seeks to restructure about 600 million euros ($714 million) of loans.
Regency, which is owned by London-based BC Partners Ltd., is starting discussions with lenders to reorganize its debt, according to three people familiar with the matter. The Athens- based company is being advised by Houlihan Lokey Howard & Zukin, said the people, who declined to be identified because the talks are private.