Fri 12/10/2021 13:27 PM
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Relevant Document:
Parkdean Annual Report 2020


U.K. holiday park group Parkdean Resorts has approached potential lenders for a debt package north of £500 million, sources told Reorg. Canadian owner Onex Corp. is working with Morgan Stanley for the ongoing sale of the company to take advantage of the current booming trend of staycations, while the emergence of the Covid-19 Omicron variant is adding further uncertainty to international travel.

The sale is expected to reach a value of £1.5...
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