Private Equity

  • Abu Dhabi’s Yahsat launches IPO

    Abu Dhabi’s Yahsat launches IPO

    Yahsat, the satellite company owned by Mubadala, will attempt a listing on the Abu Dhabi Securities Market (ADX). The company is seeking to list at a time when the European IPO market is difficult, but there is hope that strong local interest and emerging market equity investors will see the deal across the line.

  • KPS cranks leverage in Crown carve-out

    KPS cranks leverage in Crown carve-out

    KPS Capital Partners is cranking up the leverage on Crown’s European can packaging business, following its successful bid for the carve-out agreed in April.

  • Valeo Foods looks for loans in Bain buyout

    Valeo Foods looks for loans in Bain buyout

    Valeo Foods, the Irish ambient food business, is looking to raise nearly €1.2bn-equivalent of loans to finance its secondary buyout by Bain Capital from previous sponsor CapVest Partners.

  • End of an era for Punch as it preps HY bond to pay off securitization

    End of an era for Punch as it preps HY bond to pay off securitization

    UK pub company Punch Taverns has launched a £600m senior secured high yield, which will pay off its remaining securitization debt in the Punch 'B' securitization — the only remaining part of Punch’s giant £2.4bn stack of securitized debt, the focus of one of the UK’s most contentious restructurings back in 2014.

  • KKR launches aircraft loan servicing platform

    KKR launches aircraft loan servicing platform

    Investment firm KKR announced the launch of AV AirFinance, a global commercial aviation loan servicer, on Friday. The launch comes as investor interest in US aircraft ABS grows as the buy side positions themselves early to take advantage of the recovery in the sector.

  • Nouryon spin-out launches debt package

    Nouryon spin-out launches debt package

    Nobian, the industrial chemicals unit of Nouryon, launched the debt package for its spinout on Friday, offering up a €1.19bn ESG-linked five year term loan 'B' through Credit Suisse, HSBC and JP Morgan. This will be followed by a bond deal, which is yet to be announced, to complete the €1.615bn senior secured financing.

  • CVC joins PE firms raising cash in private debt markets

    CVC joins PE firms raising cash in private debt markets

    Alternative asset manager CVC Capital Partners has issued €1.25bn in US private placements, according to market sources. The trade follows similar moves by Bain Capital and Dyal Capital in the past 12 months, but is the first iteration of the trend to be priced in euros.

  • Bread Street aims to bring private equity to UK pensions

    Bread Street aims to bring private equity to UK pensions

    Two former investment managers at Aberdeen Standard have launched a firm called Bread Street Capital Partners, with the aim of creating a series of listed private markets funds to broaden access to the funds of top tier financial sponsors. The firm also aims to capture more investment from UK defined contribution pension schemes, which have historically had tiny allocations to private equity compared with some of their international peers.

  • Colisée looks to reprice EQT’s acquisition debt

    Colisée looks to reprice EQT’s acquisition debt

    Nursing home and elderly care company Colisée, which EQT Infrastructure acquired last year, was in the market on Thursday, looking to reprice the €875m acquisition facility and add-on a further €150m to pay down its revolver.

Private Equity News Archive