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
-
US toymaker Hasbro is to take up on $3.6bn new debt to buy media company Entertainment One, acquiring porcine superstar Peppa Pig, among other brands, if rival bidders don’t scupper the deal. Hasbro may choose to pay a make-whole price to Entertainment One’s bondholders, who bought the company's issue less than three months ago, a research company predicts.
-
KKR Credit Advisors is resetting its Avoca CLO XVIII, a €570.73m euro CLO, with the senior notes guided at 99bp-102bp.
-
The liquidity situation at China’s Qinghai Provincial Investment Group Co has taken a turn for the worse after the company missed a dollar bond coupon last week. A treasurer at the government-owned issuer denied media reports that it made the overdue payment last Friday.
-
China’s Joy City Property has returned to the loan market for an up to $800m facility.
-
European companies are facing a downhill slide from the best credit quality conditions in a decade, rating agency S&P predicts. Lending conditions remain exceptionally generous but fears of a downturn and uncertainty over new monetary stimulus have kept many new issuers at bay.
-
Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization advisory subsidiary at a meeting held on August 14 to “facilitate the development of the domestic securitization market.”
Sub-sections
shared comment list