The 30-year loan is part of a £580m secured financing deal that also involves the German Doctors Pension Fund and MEAG.
2 min read · 24 March 2016
Credit Suisse is exiting distressed debt as it attempts to make savings of SFr4.3 billion by 2018.
2 min read · 24 March 2016
Cowen Group has inked an agreement to acquire CRT Group’s credit products, research, special situations and emerging markets units.
2 min read · 23 March 2016
The Indian government wants to clean up $130 billion in distressed assets by relaxing foreign direct investment rules.
2 min read · 23 March 2016
French asset manager Tikehau provided the bulk of the new debt, as sole arranger of a €28m bond for the real estate company.
2 min read · 22 March 2016
The troubled-Chinese developer finally looks like its $2.6 billion debt restructuring could move ahead after further modifying the proposed terms.
2 min read · 21 March 2016
The new rules will impact AIFMD-compliant debt funds and domestic private equity funds granting shareholder loans in Germany.
3 min read · 21 March 2016
The underperforming commodity trader Noble swung to a net loss of $1.67bn in 2015 which was its first annual loss in nearly 20 years, battered by a $1.2bn write-down on weak coal prices, Reuters reported.
2 min read · 21 March 2016
The BDC investor hopes the new capital will delever the energy company and provide more liquidity.
2 min read · 17 March 2016
Investments exited in under three years will be taxed as income rather than capital gains. The Chancellor also announced plans to limit how much interest expense companies can deduct from their tax bills.
2 min read · 16 March 2016
