A drop in leveraged loan issuance collides with record-high leverage multiples in the US and weaker covenants in the European mid-market.
2 min read · 08 October 2015
After closing its tenth CLO, the Canadian private equity firm will manage $6.5 billion in total CLO volume. The CLO is compliant with US and European risk retention rules.
1 min read · 08 October 2015
The alternative lenders are providing a part of the €700m in junior debt.
2 min read · 06 October 2015
The clothing brand’s senior lenders have agreed to write off more than $200 million of debt in exchange for control of the company.
2 min read · 06 October 2015
The GSO, Carlyle and AE Industrial Partners-backed firm has agreed to purchase an aircraft lease and loan portfolio from GE Capital Corporate Aircraft in the Americas.
2 min read · 05 October 2015
The €25 million financing of chemicals company Unipex follows on from previous unitranche and mezzanine loans provided by European Capital to the France-based company.
2 min read · 05 October 2015
Managers speaking publicly and on the sidelines at this week’s PDI Forum in New York say deal making is slowing as lenders assess conflicting market signals.
2 min read · 01 October 2015
MidCap Financial, the mid-market and speciality lending arm of Apollo, has bagged a portfolio of loans in Europe and the US.
2 min read · 01 October 2015
The Dusseldorf-based real estate debt manager secured more than half of the loans against offices and the rest against hotel, residential and logistics properties.
1 min read · 01 October 2015
The European Commission has proposed a new framework for securitisation as well as new legislation to reduce capital charges for certain infrastructure and fund investments.
2 min read · 30 September 2015