The purchase of 442 apartments in Tallaght in South Dublin was financed by a new revolver provided by Barclays and Ulster Bank.
2 min read · 18 January 2016
The lenders took equal shares of the less than £60m financing package, which included a working capital line as well as acquisition financing for the purchase of EnServe by Rubicon and Grovepoint.
2 min read · 18 January 2016
From more growth and more failures to the implications of an unpredictable superpower, PDI considers what lies in store for the year ahead.
3 min read · 15 January 2016
HRG Group, which owns asset-based lender Salus Capital, has lowered its executive compensation after suffering losses on energy and Salus’ loans to RadioShack, which is going through bankruptcy.
2 min read · 15 January 2016
The firm’s 2016 market outlook posits that private credit is a “huge opportunity” this year, as the alternative investment giant looks to build on its direct lending, ABL and special situations business lines.
2 min read · 14 January 2016
PDM has invested around 60 percent of its second direct lending fund, with its latest backing of the purchase of CLEAN Linen by MML Capital.
2 min read · 14 January 2016
NASDAQ-listed Accuray has avoided diluting its equity base by refinancing convertible notes with a senior secured term loan granted by Cerberus.
1 min read · 14 January 2016
The real estate investment firm has bought out GE Capital from its US loan servicing joint venture.
2 min read · 14 January 2016
The Middle Market Growth Programme that Antares used to manage with Lone Star Funds as part of GE Capital has been resurrected under CPPIB.
3 min read · 13 January 2016
The all-equity acquisition of a Western Chinese non-bank lender by NASDAQ-listed DT Asia Investments will mean the lender, renamed China Direct Lending Corporation, will be listed in the US.
2 min read · 13 January 2016