Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
More articles
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Existing lenders to Aenova, the German healthcare group, have agreed to the company’s acquisition of Haupt Pharma. -
The acquisition of CliniSys by private equity firm Montagu will be supported by financing from a club of lenders.
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From “morning refreshments and networking break” through “afternoon refreshments and networking break” to, finally, “chairperson’s closing remarks followed by drinks reception”, a lot can happen at a conference.
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Big European CLO managers will get bigger; smaller ones will struggle to survive. That was the stark outlook for the market as described by some attendees at this week's Euromoney LevInvest European CLO Congress in London. They see the sector as ripe for another bout of consolidation, write Joe McDevitt and Hugh Leask.
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Metallum allocates — AHT to issue — Host Europe closes — Action flexes
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German healthcare group Aenova is seeking consent from existing lenders to take over pharmaceutical firm Haupt Pharma. The acquisition forms part of plans to expand Aenova’s market share, as laid out by the company's private equity owner, BC Partners.
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Around two-thirds of the leveraged loans market still supports the full use of covenants, a debate at the Euromoney Leveraged Finance conference revealed this week.
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Polish broadcaster TVN has launched a second attempt to refinance its 2017 bonds. The operator of 10 television channels plans to sell €430m of 2020 notes on Friday, after postponing a refi transaction in March.
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Investors in Nokia's debt and credit default swaps have welcomed the Finnish company's decision to sell its handset business to Microsoft and refocus the business on its recently rebranded Nokia Solutions & Networks business.
