The maker of residential and commercial building products will reduce its debt load by $1.3bn.
1 min read · 08 February 2013
The emerging markets bank is raising a ‘new and unique’ fund to stimulate the debt capital markets in Sub-Saharan Africa.
2 min read · 08 February 2013
The São Paulo-based firm raised more than half the capital since September 2008, targeting North American and European investors. The firm will focus on office and affordable housing developments in Brazil.
2 min read · 08 February 2013
Freedom Group was formed by Cerberus as a firearms platform after the firm acquired gun maker Bushmaster in 2006.
1 min read · 08 February 2013
The listed private equity firm has sold its remaining stake in Dutch business Dockwise to a consortium of investors including Bain Capital’s credit arm, Sankaty.
1 min read · 08 February 2013
The close brings to life the second availability payment-based transportation infrastructure project in the United States. In the end, ten banks provided $341m in senior loans toward the $903m project. Equity investors Meridiam and Bouygues contributed $80m.
4 min read · 08 February 2013
The Inter-American Development Bank is to provide a $1bn credit line to the South American country to help develop its road infrastructure. The first loan from the package will see $350m financing a new bridge and the maintenance of 810km of roads.
1 min read · 08 February 2013
A buyer of company debt will have to prove that they are undertaking a 'genuine company rescue' in order to avoid paying taxes on cancellation of indebtedness income.
2 min read · 08 February 2013
The turnaround specialist gave bankrupt calendar maker Lang Holdings a bankruptcy loan for up to $16m, which it later used as part of its bankruptcy bid.
2 min read · 08 February 2013
The 'realignment of interests' was a theme repeatedly raised at the London conference Wednesday, with one investor noting LPs, too, must increase transparency.
2 min read · 08 February 2013