Encore Group USA Seeks $500 Million Financing With Goldman Sachs

Blackstone Inc.-backed Encore Group USA is seeking to raise at least $500 million of preferred equity through collaboration with Goldman Sachs Group Inc. to manage loans due in the next two years. The audio-visual and event services company has loans totaling $2.5 billion due in 2025 and 2026, prompting proactive exploration of available options. The company, previously recognized as PSAV, is proactively addressing its upcoming financial commitments.