Private equity firms launching debt arms must act very carefully to avoid conflicts of interest.
3 min read · 28 June 2018
In a market where they’ve never had it so good, borrowers are able to dictate who loans can and cannot be assigned to – and some investors are finding themselves out in the cold.
5 min read · 28 June 2018
The EU is looking to insurers to help bring a €150bn boost to its securitisation market, but CLOs still face swingeing capital charges.
4 min read · 28 June 2018
The buyer priced its initial CLO in 2018 earlier this month, while the seller closed its last new issuance in 2015.
1 min read · 27 June 2018
The second lien facility complements a £1.2bn senior debt package.
1 min read · 27 June 2018
The consumer and SME loan specialist has acquired a portfolio of secured, non-performing SME loans from Grupo Cooperativo Cajamar, a credit cooperative.
1 min read · 27 June 2018
The debt fund manager’s investment was paid off three-and-a-half years ahead of maturity through a refinancing.
2 min read · 25 June 2018
US private managers agree that the retrenchment of US banks from US lower mid-market lending is permanent.
2 min read · 22 June 2018
Why has private debt so far failed to mine the rich seam of non-sponsored deal opportunities?
5 min read · 19 June 2018