News content
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Acadia Healthcare, the US psychiatric and behavioural health care provider, has agreed to buy UK peer the Priory Group from Advent International for around £1.5bn.
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Arcadis, a Dutch design and consultancy firm, clinched a €300m revolving credit facility from a group of five banks before the Christmas holiday.
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Emerging market high yield hard currency sovereign and corporate debt indices returned the most for investors last year, outstripping the developed markets despite slowing growth and several bouts of political turmoil.
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Kuwaiti petrochemicals firm Equate has signed $6bn of loans, with a range of lenders from different regions joining the five underwriting banks.
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Turk Telekom has secured a $150m equivalent 10 year loan from two banks and the Canadian export credit agency (EDC), after loans to the telecommunications sector stalled in 2015.
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Barclays has offered to buy back up to £7.5bn of senior unsecured notes, and could shortly be in the market with fresh holdco debt as it looks to satisfy regulatory capital requirements.
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Abengoa, the Spanish construction and renewable energy group that is in pre-insolvency proceedings, signed a €106m loan on December 24 to pay employees' December wages, but will need more cash this month to avoid a full insolvency filing.
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Hong Kong-listed China SCE Property has completed a $400m fundraising via four mandated lead arrangers and bookrunners.
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Manulife US Real Estate Investment Trust (Reit) is reviving its plans to list in Singapore after shelving an IPO in 2015, and is aiming to launch in the first half of this year, according to a source close to the deal.
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Credit Suisse and UBS dominated Dealogic’s European FIG bookrunner rankings for 2015, helped by their issuer parents cranking up their issuance of holdco and capital instruments.
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Standard & Poor’s has put the credit rating of Chinese mall developer Renhe Commercial Holdings on negative watch after one of the company's subsidiaries breached covenants on a syndicated loan. The breach could prompt banks to demand an early repayment, which the firm might find tough to meet.
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A W364.50bn ($309.64m) block has been launched in aircraft parts maker Korea Aerospace Industries, with vendor Hanwha Techwin Co looking to pare down its stake.