Guardian, Bartec next in leveraged loan pipeline

The acquisition of 300,000 in-payment pension annuities by Guardian Financials Services, the life insurance group that Cinven bought in November 2011 from Phoenix Group, and Charterhouse’s buy-out of German safety technology group Bartec are likely to provide the leveraged loan market with its next bout of supply. However, the deals may not come to market before the summer.