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The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses
Firm has added to its London team with seventh partner hire this year
Banker had worked at DB for 14 years
Marco Ferrari joins Stockholm office from Nordea
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The hype in the European leveraged finance markets runs that the European Central Bank and Bank of England have made riskier assets irresistible to investors, and that fund managers are beginning to embrace even aggressive dividend deals and payment-in-kind bonds. Don’t believe it.
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A subsidiary of Chinese electro-acoustic product maker Goertek has approached banks for a $150m three year borrowing.
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Private equity firm Ardian has turned to the leveraged loan market to fund its acquisition of German lighting provider SLV Holding from Cinven.
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Two Chinese banks and one Taiwanese lender have banded together to supply a $630m leveraged buyout financing to support Carlyle’s acquisition of VXI Global Solutions.
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Though the UK referendum in June derailed the advertising firm Exterion Media's bid for a £220m loan, the company has returned and closed the offering, cutting the deal size and ramping up the margin in the process.
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Interoute, the UK data networks and centres company, has scheduled bank meetings for Monday in London for a €250m seven year term loan ‘B’, to refinance floating rate notes issued last year. Exterion Media has also closed a £150m div recap loan.