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Stock impact report

King Street Leads $250 Million Comprehensive Financing for Collectivus Holdings [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
that it is leading a $250 million financing for Collectivus Holdings ("Collectivus"), the holding company overseeing the most prestigious brands in the collecting, trading card game (TCG) and hobby industries. Funds and accounts managed by HPS Investment Partners ("HPS") and funds managed by Oaktree Capital Management, L.P. ("Oaktree") also participated in the financing. King Street Capital Management (PRNewsfoto/King Street Capital Management) The refinancing will provide Collectivus with a sustainable capital structure following its recent establishment as the parent company to three brands – Beckett Media & Collectibles, the premier grading and authentication company, Southern Hobby Distribution, the industry's leading sports collectible and card gaming distributor, and Dragon Shield, the premier TCG accessory creator. Led by CEO Kevin Isaacson , Collectivus will use the capital to further invest in its portfolio, allowing it to reach its full growth potential across its three Show less Read more
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