Nothing lasts forever. But when it comes to quantitative easing, it sure felt like it would.
2 min read · 21 June 2013
Private Debt Investor attended an interesting briefing this week, at investment bank Moelis & Company’s London office. The theme was restructuring, and the health of the European debt markets.
2 min read · 14 June 2013
Five months in, and already Europe’s gaggle of private equity groups has extracted more equity from their portfolios – €2.3 billion no less in the first quarter alone – via debt-led recapitalisations than in the whole of 2012.
3 min read · 31 May 2013
Refinancings should continue to provide opportunities for investors as companies are forced to adjust their capital structures, according to Marc Ciancimino, head of KKR’s mezzanine group.
2 min read · 30 May 2013
The sun rose today. A mother made breakfast. A child complained about having to go to school. A composed yet another study about the wall of refinancing that may in fact sink us all.
2 min read · 23 May 2013
Frothy, or just buoyant? The debt markets at present continue to go from strength to strength with investor appetite for yield driving issuers to push their luck.
2 min read · 17 May 2013
It’s an age-old statement uttered by drunks and investors everywhere: “I can’t believe I did that”.
3 min read · 10 May 2013
“When you see the high yield market below 600 bps, run – do not walk, run – the other way.”
2 min read · 03 May 2013
Credit market euphoria is creating the next wave of distressed investment opportunities, according to Wilbur Ross and Apollo's Joshua Harris, who spoke at the Milken Institute's Global Conference this week.
3 min read · 01 May 2013
Apollo's been taking advantage of buoyant markets on the sell-side, while targeting non-traditional deals including buying some $12bn in European loans over the past 36 months, according to founder Leon Black (pictured).
3 min read · 01 May 2013
