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
-
Hipgnosis, the UK intellectual property and song management company, has again increased the size of its revolving credit facility since first signing it earlier this year, weeks after the firm raised £236m through an equity raise. -
Royal Vopak, the Dutch oil and gas storage company, has sold $500m-equivalent in US private placements.
-
Drinks bottler Refresco is targeting a €400m term loan 'B' deal intended to finance acquisitions in Europe and the US.
-
Several companies boasting Big Four accounting firms as auditors have emerged as fraudulent, leading many to wonder what value auditors bring to an investors' understanding of a company. The big issue is that auditors have little obligation to detect fraud at companies they audit, and neither it seems does anyone else. Until they do, investors need to stop believing a Big Four sign-off is a seal of approval. In fact, for a system supposedly built with its own reputation in mind, developed markets have offered investors very little protection.
-
KKR bidco Planets UK has signed a £2.5bn syndicated loan to support a £4.2bn all-cash acquisition of UK waste management firm Viridor, according to sources familiar with the situation. Merger and acquisition activity is set for a revival in the second half of the year, as previously deferred deals are brought back to the fore and at-risk companies are forced to rethink strategy, bankers say.
-
China ZhengTong Auto Services Holdings, a luxury auto dealership, surprised bankers this week after missing a principal payment on a dollar loan. Pan Yue reports.
