Top section
Top section
As funds swell, pressure to deploy rises and managers can stray from their expertise
The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
More articles
More articles
More articles
-
Altice has announced a refinancing for its units in Portugal, Israel and Domican Republic, targeting €2.75bn-equivalent of new senior secured bonds across euros and dollars in five year non-call two and eight year non-call three format.
-
Seven Chinese real estate issuers followed five of their peers to the offshore debt market on Tuesday, marking the busiest start to the year for the Asian bond market.
-
India’s Syndicate Bank has closed its $100m borrowing, with the lead bank selling the entire amount to three participants.
-
Kentucky-based specialty chemicals company Ashland is marketing a €500m eight year non-call unsecured high yield issue, the first proper deal of the year in European high yield, as part of its efforts to clean up its capital structure and switch to an unsecured financing profile.
-
New leveraged loan supply has started strong, despite geopolitical jitters leading to softness in the public markets, and it’s not just play-it-safe refi issues. Cision is marketing dual-currency acquisition debt for Platinum Equity’s takeover of the public relations technology firm, while Global University Systems is prepping a deal of nearly €1bn to fund a dividend. Also in the loan market are Ortho-Clinical Diagnostics and Refinitiv’s euro repricing, while Stena and Ashland have mandated potential bond deals.
-
Premier Oil has become the first company to announce a major ECM transaction in 2020, a £385m ($500m) capital increase to repay debt and finance the acquisition of two UK North Sea oilfields from BP.
Sub-sections
shared comment list