Top Section/Ad
Top Section/Ad
Most recent
Deal said to be largest of its kind in private credit as a once niche industry continues rise to mainstream
More companies considered IG could lead to more financing through private markets
◆ Wendel proves the summer market isn't just for the big boys ◆ Trio of new issues show buoyant market for banks ◆ Private credit's threat to the investment grade bond and loan markets
Major private credit investors aspire to more as funding from private debt seeks to go mainstream
More articles/Ad
More articles/Ad
More articles
-
The Bankers Investment Trust, a London-listed investment trust which traces its origins back to 1888, has sold a £74.5m-equivalent private placement. While there are slim pickings for PP investors looking to lend to financial institutions in Europe, investment trusts have provided a steady stream of opportunities.
-
The Schuldschein market is counting on a late summer pick-up in issuance to make up for a barren first half of the year. If deals do not pick up, the market could reach only €14bn of issuance in 2021, half its volume in 2017.
-
Nivaura, the fintech firm seeking to digitise primary markets using blockchain technology, has appointed a new chief executive officer.
-
German filter maker Mann+Hummel has closed its innovative Schuldschein, which had both green and sustainability-linked components, at €150m-equivalent in dollars and euros.
-
Hightown, a housing association located north of London, has agreed a £100m unsecured green private placement, suggesting a modest growth in appetite for unsecured investment in the sector.
-
Larger Asian and European commercial bank lenders are being scaled back by as much as 90% in certain Schuldscheine, as sluggish deal flow prompts arranging banks to make tough decisions.