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Private placement market participants have told GlobalCapital that a decade on from Ireland’s sovereign debt crisis more of its companies are starting to consider private placements again, as agents predict institutional investors will be appreciative of the country’s rapid recovery.
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Cranfield University, a UK postgraduate institute which specialises in science and engineering, is looking to raise debt through a private placement, according to two sources familiar with the situation.
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The UK's Golding Homes has signed credit facilities totalling £120m, as one of the southeast's biggest social housing providers looks to develop hundreds more homes in the region.
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SMBC Aviation Capital, an aircraft leasing company, has closed a $600m dual-tranche borrowing with 14 banks.
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Adani Transmission has priced a $310m US private placement, becoming the first Indian company to raise money in that market since 2007. Although some investors still feel scarred by an Indian incident a decade ago, many see this as the dawn of an Indian PP revival.
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BPHA, a housing association headquartered in Bedford, is looking to sell US private placements, according to several market sources, as private debt remains readily available for UK HAs.