Top Section/Ad
Top Section/Ad
Most recent
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
The leading deals and organisations of 2024, as voted by the market, were crowned at a gala dinner in London
With private equity plateauing and private credit booming, banks are anxious not to get left out of the party
As Ares raises the largest direct lending fund, Goldman Sachs reorganises to serve the trend
More articles/Ad
More articles/Ad
More articles
-
Direct lender Alcentra has raised €557m for its second European fund focusing on stressed and distressed debt. AlbaCore closed a new disclocation fund with $1bn of commitments this week, too. Both aim to tap into companies that have fallen down the credit spectrum during the pandemic. -
Two European borrowers are looking to reprice leveraged loans tighter for the first time since the coronavirus crisis hit, underscoring the market’s strong tone following its recovery. Groupe CEP, a French insurance broker, was one of the first post-pandemic loan deals to break cover in early June, when the market still wanted to see some spread on new facilities.
-
French supermarket group Casino has launched a refinancing to clean out its upcoming debt maturities, hitting the final issuance slot given the long syndication timeline for raising a term loan' B'. It aims to issue a €200m TLB and a €300m unsecured bond, while launching a tender offer to buy back up to €1.2bn of outstanding debt.
-
Sister affiliate alternative asset managers Candriam and New York Life Alternatives have bought a minority stake in European private credit firm Kartesia. The strategic partnership will bolster Kartesia’s financial position and keep the firm competitive as direct lenders in Europe increase their firepower.
-
China's Tianqi Lithium is set to sell a minority stake in a lithium mine in Australia to reduce some of its debt burden.
-
Indian data analytics firm Mu Sigma has closed its $95m refinancing loan after receiving commitments from three more banks during syndication.
