Top Section/Ad
Top Section/Ad
Most recent
Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
More articles/Ad
More articles/Ad
More articles
-
Allocations are out for a $145m loan backing the Blackstone Group’s acquisition of Serco’s business process outsourcing assets in India.
-
The Islamic Republic of Pakistan has increased the size of its latest loan to $325m from $300m after a few more lenders joined the deal at a later stage.
-
While the last few years have been all about the European high yield bond market rapidly developing into a dependable financing source for private equity sponsors, 2015 saw the loan market fight back. But as Max Bower and Victor Jimenez point out, it has done so at a time when LBO sponsors face increasing competition from IPOs and trade buyers.
-
GlobalCapital asked loan market participants for their votes for the Syndicated Loan, Leveraged Finance and Private Placement Awards 2016, in November.
-
2015 was meant to be the year that direct lenders conquered all before them, as banks’ retreat from mid-market lending became a rout. But the opposite has happened. Despite the enormous weight of money pouring into funds, banks are still there, and funds are having to deal with it. Ross Lancaster reports.
-
LGC Group, the UK life sciences company, will hold a bank meeting on January 13 for £500m of debt to finance its sale by Bridgepoint to KKR.