Top section
Top section
As funds swell, pressure to deploy rises and managers can stray from their expertise
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
More articles
More articles
More articles
-
Hong Kong’s Regal Hotels International Holdings executed a swift dollar trade this week, getting in and out of the market in just three days. Despite being unrated and with few comparables offering guidance, the firm managed to slash pricing by 30bp and found plenty of support. -
Invesco and Soundpoint Capital Management have each priced CLOs this week ahead of a wave of issuance from big name managers that is expected to hit the primary market before the August lull.
-
C rated issuers will struggle to find refinancing opportunities over the next two years, Moody’s warned on Wednesday.
-
Seven bonds will be deliverable when dealers hold an auction next Thursday to settle credit default swaps referencing Portugal Telecom International Finance, with ISDA's Determinations Committee including June 20-terminating PorTel contracts in those triggered by the bankruptcy filing of Brazilian parent firm Oi.
-
Swedish firm AR Packaging and French software firm Cegid both successfully allocated leveraged buyout loan packages this week — with the margins undisturbed by the UK's vote to leave the EU.
-
Commerzbank has merged its high yield and leveraged loan teams, appointing the former HY head to lead the new unit and leaving the former levloan head without a position at the bank.
Sub-sections
shared comment list
