Top Section/Ad
Top Section/Ad
Most recent
Sole bookrunner Morgan Stanley gets deal multiple times covered
Trade was oversubscribed in under 20 minutes
In highly concentrated book, top 20 investors take 90%
The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
More articles/Ad
More articles/Ad
More articles
-
Blackstone, Carlyle and Hellman & Friedman announced over the weekend that they would be taking a stake in healthcare supplies firm Medline at an enterprise value of $34bn, making it one of the largest leveraged buyouts in history. The scale of the deal underlines the extent of private equity dry powder, and signals that leveraged finance investors can expect more new money supply ahead. -
Parts Holding Europe, the French vehicle component distributor, postponed its attempts to list on the Paris Stock Exchange on Wednesday, making it the latest in a long line of companies to have to pull a deal. The initial public offering market has been volatile for some time, but there is a growing feeling that it is becoming ever harder to get deals done.
-
Carlyle’s credit opportunities fund has provided a full €400m unitranche financing for Infront, after the Swiss sports marketing company opted to switch tracks from its original syndicated loan, launched in April.
-
Marketplace lender SoFi became a publicly traded company on Tuesday morning after it’s merger with Social Capital Hedosophia Holdings, a special purpose acquisition company.
-
TDR Capital is injecting £100m in equity and a £250m payment-in-kind financing to recapitalise gym chain David Lloyd Leisure, as part of a broad-based refinancing including the firm’s first public high yield bond issue. Barclays, which has done most of TDR's recent deals, is running the £900m-equivalent bond, announced on Tuesday morning.
-
Banks launched the first leg of the buyout package for Hillhouse Capital’s purchase of Philips Domestic Appliances on Tuesday, readying an €850m seven year term loan, with bonds to follow.
