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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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After a month of speculation, Verallia, the French glass bottle maker, has come to market, setting a Friday bank meeting for €1bn of leveraged loans to back its buyout by Apollo Global Management.
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Altice accelerated the deadline on its refinancing exercise this week, bringing forward the deadline for commitments to just three days after the deal was launched.
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German wheelchair maker Sunrise Medical’s €315m acquisition loan has begun trading in secondary markets after being priced in line with initial guidance.
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Verallia, the French glass bottle maker, started sounding investors on Thursday for an €860m-equivalent bond to finance its acquisition by alternative investment fund Apollo Global Management.
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After a month of speculation, Verallia, the French glass bottle maker, has come to market, setting a Friday bank meeting for €1bn of leveraged loans to back its buyout by Apollo Global Management.
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German wheelchair maker Sunrise Medical’s €315m acquisition loan has begun trading in secondary markets after being priced in line with initial guidance.
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