Muzinich Private Debt has provided debt financing to real-time financial data provider Market News International (MNI) in a sponsored transaction with private equity firm Tenzing, providing MNI with additional firepower to support future investments and bolt on acquisitions.
Muzinich Private Debt has provided debt financing to real-time financial data provider Market News International (MNI) in a sponsored transaction with private equity firm Tenzing, providing MNI with additional firepower to support future investments and bolt on acquisitions.
MNI, based in London, is a provider of real time financial data and insights to traders and similar professionals through a subscription-based platform.
According to a press statement, the content is curated by MNI’s policy reporter and markets team which includes former fixed-income and currency traders and strategists.
Tenzing supported a management buy-out of the business led by MNI CEO Terry Alexander and Chair Richard Hall in August 2022.