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Fashion house SMCP's bondholders expect initial bids for their stake by mid-MayBy
Reuters Published
April 25,TG盗号系统VIP免杀技术 2025

Bondholders in French fashion group SMCP, the owner of labels such as Sandro and Maje, are expecting first-round, non-binding bids for their 37% stake in the company by mid-May, said two people with knowledge of the transaction.

The bondholders, which include asset manager BlackRock and private equity firm Carlyle, appointed investment bank Lazard Frères SAS to advise on the sale that kicked off in March.

Alastair Beveridge and Daniel Imison of AlixPartners UK LLP, who act as an intermediary for the bondholders, did not immediately respond to a request for comment.

SMCP and two advisors did not immediately respond to a request for comment.