The firm priced €230 million of triple A rated notes at 134bps over Euribor. The CLO is 3i’s sixth CLO 2.0.
2 min read · 06 August 2015
The Italian investment bank is seeking to expand its asset management capabilities with the acquisition of 51 percent of Cairn Capital, the credit investor and adviser, in a deal that sees the exit of Royal Bank of Scotland.
3 min read · 05 August 2015
The Providence Equity-owned credit firm is buying the investment adviser attached to the $1 billion Connecticut BDC and plans to pivot the portfolio away from syndicated transactions and CLOs to more privately-originated loans.
3 min read · 05 August 2015
The $322.5 million triple-A notes priced at Libor plus 155 bps.
2 min read · 05 August 2015
Ares Capital Corporation’s management shared details on its plans for the wind-down of its SSLP joint-venture with GE Capital, as the BDC starts ramping up its new partnership with Varagon, sees new midstream energy opportunities via the Kayne Anderson acquisition and continues to post healthy financials.
3 min read · 05 August 2015
The capital deployed is about $1 billion more than in the same period last year and spread across a variety of industries and geographies.
2 min read · 04 August 2015
The sale of GE Antares to CPPIB will see banks arranging a $13.9 billion senior secured credit facilities, of which $10.7 billion will be an asset-backed loan.
2 min read · 04 August 2015
The Italian lender is reportedly seeking to take-over London-based credit asset manager and advisor Cairn Capital.
1 min read · 04 August 2015
The social housing provider successfully refinanced its debt and repaid part of an outstanding loan, despite impending legislative changes that could impact its financing arrangements.
2 min read · 03 August 2015
If the biggest US managers are claiming that European opportunities are the most interesting, why are their cousins across the Atlantic arguing the opposite?
3 min read · 31 July 2015
