The loan, which is CPI-linked and due to reach maturity in 2034, will support the construction of a biomass project in the North East of England.
2 min read · 23 September 2016
The New York-based financial firm provided a $100m term loan in December 2014.
2 min read · 22 September 2016
Debt managers often stress how they can work in harmony with the banks. Recent data, however, shows that banks are recapturing parts of the mid-market lending space and are perhaps responding to what they see as a threat.
3 min read · 22 September 2016
The fund targets investments in the Italian NPL real estate market and is aiming to raise between €500m and €750m by October 2017.
2 min read · 22 September 2016
The departure of Scott Graves comes while the firm has sidelined record amounts of capital.
2 min read · 21 September 2016
The London-based credit investor completed a £200m deal last week having also recently completed its first transaction in France.
2 min read · 21 September 2016
The manager is drawing capital from affiliates to invest in the US real estate debt market.
2 min read · 21 September 2016
Bill Brady, head of Paul Hastings’ alternative lender practice, explained to PDI that the strengthening of private credit has brought borrowing and inter-creditor terms both up- and down-market.
1 min read · 20 September 2016
The notes will mature in January 2022, but Ares can redeem the securities early under certain conditions.
1 min read · 20 September 2016
The CPPIB affiliate has provided a $77m facility to support AEA Investors’ purchase of a Texas-based automotive air conditioning parts company.
2 min read · 19 September 2016
