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The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
New dangers are making deals harder to do, but pricing for the haves is still tight
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A flood of European CLO paper washed through the primary pipeline in the past week, with issuers across asset classes flipping the switch following a lull in the wider euro ABS market.
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Spanish geotechnical engineering firm Terratest has signed a €60m unitranche deal with Tikehau IM, as it looks to complete its restructuring following its acquisition by Platinum Equity in 2014.
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Nest, the UK national employment savings trust, has become the latest in “a flurry” of buyers to move into high yield bonds.
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JP Morgan has appointed a new managing director in its EMEA leveraged finance capital markets team, following the departure of two senior members in the last month.
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Property developer Hong Yang Group Company is marketing its inaugural international bond, while Chinese private telecommunications operator Dr Peng Telecom & Media Group Co is set to hold a conference call with investors on Tuesday for a dollar deal.
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ANZ has named Gavin Chappell as the head of loan syndications for Australia, poaching him from Westpac.
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