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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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Law firm Ashurst has hired partner Tamer Bahgat and advisor Natalia Sokolova to its first European high yield practice.
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Patheon, the US pharmaceutical contract manufacturing firm, held a lender call on Monday for a repricing of its €465m cov-lite term loan, as did fellow US company Platform Specialty Products for its own €575m term loan. -
Barclays’ head of EMEA leveraged capital markets is set to leave the bank, according to sources with knowledge of the matter.
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Property developer China Evergrande Group sold another $1bn bond last Friday, hitting the market just a week after a bigger $1.5bn outing.
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High-end solar panel maker REC Solar has approached lenders in Asia for the first time, as it looks to raise up to $330m.
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Chinese issuers Fujian Yango Group and Tewoo Group Co, alongside Fullerton Healthcare Corp from Singapore, are wooing investors for their respective dollar bonds with roadshows set to take place this week.
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