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
-
Goldman Sachs is arranging the reset for Intermediate Capital Managers’ €436.2m St Paul’s CLO II, taking the reins from Lloyds, which arranged the original deal in 2013. -
Angelo, Gordon & Co has hired Michiel von Saher as a managing director based in London. He joins from PGIM Fixed Income and expands the firm’s performing credit team to 13, including four in the UK.
-
A new flurry of investment grade corporate bond issuers jumped into the market on Wednesday morning, after Danaher priced its €6.25bn five-tranche Reverse Yankee note. Getting that deal out of the way gave other corporate borrowers room to bring bonds of their own — and plenty are expected to in the run-up toe the European Central Bank's monetary policy announcement on September 12.
-
Chinese local government financing vehicle (LGFV) Zhangzhou Jiulongjiang Group Co reopened the post-summer bond market with a $500m deal, making its debut in dollars.
-
Tata AutoComp Systems, an Indian company that provides automotive components, has returned to the loan market for a dual-currency deal to refinance its acquisition borrowing from 2017.
-
Barcelona-headquartered paper company Lecta is appealing to bondholders as it tries to strengthen its capital structure. Its bonds are now trading in the 30s while the CVC-sponsored company has fully used its revolving credit facility and is running out of external sources of financing.
Sub-sections
shared comment list
