Friday December 6, 2019

Desmond fund backs Regency refinance

McGettigans regain control of Dublin hotel

14th May, 2017
2
Financier Dermot Desmond

Broadhaven Credit Partners, the Dermot Desmond- and Bain Capital Credit-backed fund, has backed the McGettigan family in successfully regaining control of Dublin’s Regency Hotel.

The McGettigans, with the support of Broadhaven, have refinanced the Regency’s debts of about €25 million at par, allowing the north Dublin hotel to successfully exit examinership last week.

The well-known hospitality family are understood to be now working on an investment plan for the hotel to...

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