A vote to restructure £2.3 billion in debt is set for 17 September in the UK pub group’s latest attempt to stave off default.
2 min read · 18 August 2014
Plans to launch a £150m listed vehicle have been postponed indefinitely after Richard Lane decided to depart the Australian firm.
2 min read · 15 August 2014
We spoke with the UK firm’s head of debt management to gain a sense for how some private debt managers are meeting the onerous US regulation.
2 min read · 15 August 2014
BRJ China Credit Fund, which provides short-term bridge financing to Chinese SMEs, has delivered a gross IRR of 57 percent since its launch last year.
1 min read · 14 August 2014
The New York-based lender is providing credit in the Lulu's Fashion Lounge's acquisition by H.I.G. and will also be buying some of its own equity in the company
2 min read · 14 August 2014
Regulators are plotting more restrictions on bank lending and while private debt funds can pick up on some of that slack such a move would create, it could also spark a number of problems including a deterioration in underwriting standards.
2 min read · 12 August 2014
The Canadian firm’s growing credit arm will have a role to play in helping the group increase its own capital under management to $10bn by 2017.
1 min read · 13 August 2014
Dallas-based distressed specialist Lone Star Funds has met its target for its ninth vehicle after a rapid six month fundraise.
1 min read · 13 August 2014
The US $325m cov-lite package used to pay down debt and issue a dividend to shareholders marks the third refinancing by 3i-owned materials testing group Element Materials Technology.
1 min read · 13 August 2014
Barclays is to provide a whole loan of around £344m to Oaktree to support its acquisition of three UK business parks.
2 min read · 13 August 2014