Top section
Top section
Leverage from Warner Bros purchase could make return to investment grade a mission impossible
Tranches in dollars and yen attract 12 banks
Supermarket group's deal at least twice covered, sources say
More articles
More articles
More articles
-
China ZhengTong Auto Services Holdings, a luxury auto dealership, surprised bankers this week after missing a principal payment on a dollar loan. Pan Yue reports.
-
Mozambique LNG, Africa’s largest project financing investment to date, has secured roughly $15bn of funding from a range of international lenders and credit agencies in one of the few sparks of emerging market loan activity this year. The deal shows there is still appetite for “overlooked” and lower-rated emerging market credits, bankers say.
-
Segro, the FTSE 100 UK real estate investment trust, has sold €450m of private placements, according to market sources. The largest tranche was the longest, €200m at 20 years, which is sign of investors' confidence.
-
Investindustrial, the European private equity firm, has signed a €600m subscription credit facility linked to environmental, social and governance metrics, as sustainability-conscious finance makes further inroads into the private equity market.
-
Premier Oil, the UK oil company, has signed sale and purchase agreements to buy BP assets in the North Sea in a deal that could total up to $565m, with an equity raise earmarked to provide the funds for an upfront payment.
-
Hexaware Technologies, an Indian software company majority owned by Baring Private Equity Asia, has mandated nine banks for a $600m take-private loan.
Sub-sections