The $220m first mortgage loan was part of a refinancing process undertaken by a Los Angeles-area hotel owned by Lowe Enterprises and JC Resorts.
2 min read · 05 June 2013
Two private equity-led consortia have dropped buyout bids for the ailing Australian surf-wear retailer, in favour of a refinancing plan that could wipe out shareholders.
3 min read · 05 June 2013
A consortium of banks have committed to lend up to $1 billion for two of Brookfield's World Financial Center properties.
1 min read · 04 June 2013
The private debt fund manager has successfully exited a $7.6 million senior debt investment in indoor go-kart racing operator K1 Speed.
1 min read · 04 June 2013
Two BDCs managed by Gladstone Capital have jointly provided a mezzanine term loan to fund Fundamental Capital’s acquisition of pop-culture collectibles firm Funko in the US.
1 min read · 04 June 2013
UK-based Unite UK Student Accommodation Fund (USAF) is to refinance its debt after its parent established a new entity that will shortly issue a bond.
2 min read · 03 June 2013
The cyclicality of the debt markets is making it difficult for placement agents to market debt funds, according to MVision chief executive Mounir Guen.
3 min read · 03 June 2013
The firm has provided a mezzanine loan of $2m to water heating company Skyline Innovations.
1 min read · 31 May 2013
Alternative sources of debt needed to finance over $10trn of Asian infrastructure, delegates heard at a recent World Bank forum.
2 min read · 31 May 2013
An increasing number of LPs are boosting allocations to debt. Nick Cavalla, chief investment officer for The University of Cambridge Endowment Fund, explains why his fund is one of them.
2 min read · 31 May 2013
