Private Equity

  • Wendel links loan to female leadership

    Wendel links loan to female leadership

    Wendel, the French private equity firm, has amended a €750m revolving credit facility to add ESG elements, including one for higher female representation in leadership positions, as more investment houses make social equality a focus.

  • Investors turn tough on IPOs after Deliveroo horror show

    Investors turn tough on IPOs after Deliveroo horror show

    IPO sellers are keen to revive the market in Europe after Deliveroo’s disastrous debut last week. But investors, with the food delivery company’s share price collapse still fresh in their minds, are pushing banks on valuations for new listings, reports Sam Kerr.

  • KPN bonds widen 80bp on buyout rumour

    KPN bonds widen 80bp on buyout rumour

    KPN, the Dutch telecoms company, saw its bond spreads swing out on Thursday, on renewed reports that private equity firms are lining up to buy the company.

  • HY primary gets green and oil

    HY primary gets green and oil

    New high yield issues announced on Monday offered investors both ends of the environmental spectrum — a green deal for Spanish property developer Via Celere, or a refinancing for oilfield services firm CGG. Real estate group Foncia sits somewhere in between, with a deal funding a dividend to Partners Group.

  • CVC coughs up for Douglas clean-up

    CVC coughs up for Douglas clean-up

    CVC and other owners are putting in €220m of new equity to Douglas, the German beauty chain, ahead of a long-awaited refinancing which will see existing subordinated debt made whole — a nice trade for any buyers that bought in at its lows of 33 last year.

  • B&B Hotels launches liquidity deal

    B&B Hotels launches liquidity deal

    Goldman-owned hotel chain B&B Hotels has launched a new loan deal for liquidity, in a test for the loan market's capacity for the next generation of rescue funding in the most distressed industries. The deal comes alongside an equity cheque of €80m.

  • Goldman launches Bain’s Ahlstrom buy-out loan

    Goldman launches Bain’s Ahlstrom buy-out loan

    Goldman Sachs has launched the loan backing Bain Capital’s take-private of Ahlstrom-Munksjö into general syndication, looking to sell euro and dollar tranches over the next two weeks, and is likely to follow the loan launch with a secured bond in the coming days.

Private Equity News Archive