No more Mr Nasty guy

Sponsors of aggressively structured buy-outs might be tempted to cut their losses and run before the economic slump gets much worse. But, in many cases, it’s in private equity’s interest to play nice — and the signs so far are encouraging.

  • 26 Nov 2008

Private equity sponsors have so been playing ball with investors in their leveraged portfolios. Just this week, for instance, CVC announced it had injected $445m equity into PBL Media, the Australian media group.

If the economic downturn gets worse, though, sponsors could start taking some hard nosed decisions.

Paradoxically, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 11.55%
2 JPMorgan 32,938.92 93 9.34%
3 Wells Fargo Securities 30,371.96 86 8.61%
4 Bank of America Merrill Lynch 27,582.56 87 7.82%
5 Credit Suisse 22,692.50 70 6.44%