Latest Private Equity news

  • Euro Garages drives wide on sterling offering

    Euro Garages has widened the discount on its £250m term loan ‘C’ to 97.5, with prospects for sterling issuance less clear following Daisy’s pulled deal last week.

    • 25 Oct 2016
  • BMI adds loans to levfin sterling activity

    BMI Healthcare, the operating arm of General Healthcare Group, added a loan package to tje run of sterling issuance in the European leveraged finance market of late.

    • 24 Oct 2016
  • Ion Trading taps loan after another acquisition

    Electronic trading firm Ion Trading has tapped its term loan signed in August by subsidiary Wall Street Systems, as the latter acquires fellow fintech firm Reval. While Vistra and Azelis tap deals.

    • 24 Oct 2016
  • Inovyn in vogue but M&A could enjoy autumn

    Ineos-owned chlorvinyls firm Inovyn increased and tightened the size and guidance on its term loan ‘B’ repricing on Thursday afternoon, as the market hopes for some overdue buyout activity.

    • 20 Oct 2016
  • Euro Garages poised for chequered flag

    Final commitments were due on Thursday for Euro Garages’ €1.16bn of loan facilities backing its merger with European Forecourt Retailer, while New York listed beauty firm Coty has commitments due Friday on its repricing and €325m add-on to its term loan ‘B’.

    • 20 Oct 2016
  • Thirteen banks back €2.43bn Morpho acquisition

    Advent’s €2.43bn acquisition of French software solutions firm Morpho is supported by 13 banks, according to one banker, with up to €2bn of loans expected to be marketed by early November.

    • 19 Oct 2016
  • JDE, Infinitas seek invite to refinancing party

    Coffee maker Jacobs Douwe Egberts (JDE) and education publisher Infinitas both held lender calls on Tuesday for refinancing deals, though merger and acquisition financing could subdue the latest spate of repricings in leveraged loans, one senior banker said.

    • 18 Oct 2016
  • Lights on for Luceco as £93m IPO trades up

    Luceco, a maker of electrical wiring products and LED lights, made its debut on the London Stock Exchange on Monday after raising £93m, amid an IPO market in which many bigger and higher profile deals have come to grief.

    • 17 Oct 2016
  • SFR, Platform increase euro offerings amid more refis

    Three deals priced in the leveraged loan market on Friday, all at the tight end of guidance, with SFR and Platform increasing the size of their euro offerings.

    • 14 Oct 2016
  • SFR looks to follow Eircom with $2.4bn refinacing

    French telecoms firm SFR launched a $2.4bn-equivalent refinancing with a lender call on Tuesday afternoon, aiming to lower margins by as much as 100bp despite a poor performance this year, while Eircom closed its repricing on Wednesday evening.

    • 13 Oct 2016

Private equity news archive

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 UniCredit 15,780.75 62 10.56%
2 JPMorgan 12,594.51 30 8.43%
3 HSBC 12,277.00 39 8.22%
4 BNP Paribas 9,321.96 66 6.24%
5 Credit Suisse 9,123.47 18 6.11%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 Deutsche Bank 6,837.39 41 10.34%
2 Citi 6,260.32 20 9.47%
3 Goldman Sachs 5,607.49 32 8.48%
4 Barclays 5,062.99 27 7.66%
5 JPMorgan 3,571.74 29 5.40%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 JPMorgan 24,113.94 189 10.95%
2 Bank of America Merrill Lynch 21,185.25 153 9.62%
3 Goldman Sachs 19,086.62 124 8.67%
4 Barclays 18,642.87 119 8.47%
5 Citi 18,556.09 137 8.43%