U.K.-based insurance intermediary Hyperion Insurance Group has announced its intention to issue new $925 million and €200 million senior secured term loans, alongside a new £125 million senior secured revolving credit facility (RCF). The company intends to use the proceeds to refinance its existing $794 million and €150 million senior secured term loans, fund the cash portion of two new acquisitions, and fund expenses related to the consolidation of its London office footprint. At the same time, Hyperion has announced the investment by financial sponsor Caisse de dépôt et placement du Québec (CDPQ) in a significant minority stake of the group. CDPQ's investment comprised of secondary equity purchases and a primary equity contribution to the group under the terms of
