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Blackstone theme park deal includes $1bln equity-source
October 7, 2009 / 7:05 PM / 8 years ago

Blackstone theme park deal includes $1bln equity-source

NEW YORK, Oct 7 (Reuters) - Private equity firm Blackstone Group LP (BX.N) is investing up to $1 billion of equity in its deal to buy Anheuser-Busch InBev’s (ABI.BR) U.S. theme parks, a source familiar with the deal said on Wednesday.

Blackstone and Anheuser-Busch said in a statement earlier that the deal was worth up to $2.7 billion, including a payment on closing of $2.3 billion and a right to participate in Blackstone’s return, capped at $400 million.

The purchase price includes up to $1 billion of equity, the source said. It also includes a $950 million term loan, $450 million of mezzanine financing and a $100 million undrawn revolver, the source said.

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