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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
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India’s Jindal Steel & Power is understood to have asked banks to relax a covenant on a $400m borrowing sealed in April 2013.
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ContourGlobal Power Holdings, a global developer and operator of wholesale electric power generation businesses, is tapping the $400m 7.125% 2019s it sold last year for another $100m.
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The Ranger went on the hunt for meditating bankers and found that each in the market has their own definition of inner peace.
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Troubled Chinese property developer, Kaisa Group Holdings, is one step closer to striking an agreement with its offshore debt investors, announcing a new restructuring programme on November 6.
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China Huarong Asset Management has lined up 15 banks for what will be its second outing of the year, while Beijing Properties is looking to make its offshore debut.
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Tele Columbus, Germany's third largest cable network, is soon to allocate its loan facilities, having completed a rights issue, while Affidea, the European diagnostics group, has closed its refinancing oversubscribed.
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