Goldman Sachs to lead 2.5-billion-euro financing for Prada-Versace deal, daily MF reports

ROME (Reuters) – A pool of banks led by Goldman Sachs is ready to give Prada a 2.5-billion-euro ($2.77 billion) financing line to help the Italian fashion group in its acquisition of Capri Holdings-owned Versace, Italian daily MF reported on Friday.

Some 1.5 billion euros would be used for the acquisition, while the remaining 1 billion euros would be used to relaunch the struggling takeover target, the report added.

Goldman Sachs was not immediately available for comment.

($1 = 0.9032 euros)

(Reporting by Alvise Armellini and Elisa Anzolin, editing by Giulia Segreti)



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