At a Glance

Barrière operates 32 casinos, 1 gaming club, and 20 luxury hotels in unique destinations throughout the world, as well as more than 150 bars and restaurants, including the famous Fouquet’s on the Champs-Elysées.

In March 2024, Barrière approached PGIM to gauge our interest in a bilateral transaction to address strategic refinancing needs. The Company and PGIM engaged late 1Q24, adapting their timing for the Loulou Group acquisition in the Fall, and reached an agreement in early December 2024.

In December 2024, PGIM provided €95MM of Senior Notes with a 10 year final maturity. Our ability to offer diversified financing, longer maturities and to step-up for sizeable quantum on a single-investor basis was key in Barrière’s decision to partner with us.

As a family-owned company, Barrière valued  the relationship-nature of our capital and our ability to support them for this strategic refinancing. We greatly value our experience working with Barrière, and we look forward to continuing our support in their future endeavors.