Private Debt Investor rather likes surfing, and must confess, in the interests of full disclosure, to owning a Billabong wetsuit. So it viewed with interest the latest development in the protracted battle for control of the ailing Australian surfwear company.
2 min read · 23 August 2013
Oaktree and Centerbridge have given Billabong’s board cause for thought two days after regulators approved a rival offer from Altamont Capital Partners.
2 min read · 23 August 2013
TPG, led by David Bonderman, is seeking to raise a successor to its previous credit vehicle, TPG Opportunities Partners II, which raised $2.41bn.
1 min read · 22 August 2013
The approval is the final step in a $480m deal between Carlyle and EQT.
1 min read · 22 August 2013
The firm, which launched in 2011, employs a sale-leaseback strategy in the US and Europe.
2 min read · 22 August 2013
Billabong's takeover agreement from a consortium of investors led by Altamont Capital Partners can proceed, say regulators.
2 min read · 22 August 2013
The company has refinanced its debt in a £527m deal which sees its existing backers inject fresh equity.
2 min read · 21 August 2013
The bank sold a portfolio of loans to Goldman Sachs for £254m, as well as a German insurer to buyout firm Cinven.
2 min read · 21 August 2013
The firm expects to hold a final close in October.
2 min read · 20 August 2013
Almost two thirds of executives surveyed by KPMG believed debt markets would continue to improve into next year.
2 min read · 20 August 2013
