KKR has agreed to provide Spanish building materials company Uralita with a €320 million seven-year facility to repay current lenders.
2 min read · 29 April 2013
In the 2009 film ‘The Hangover’, the protagonists begin their apocalyptic, eve-of-wedding bender at Caesars Palace. The fallout from their exploits proved predictably catastrophic.
2 min read · 26 April 2013
Minneapolis-based Värde Partners specialises in credit, special situations and distressed investments across a variety of assets.
1 min read · 26 April 2013
TPG and Apollo will contribute $250m each to ease Caesars Entertainment's capital structure woes.
3 min read · 25 April 2013
The government has increased the ceiling for the amount of Indian corporate debt issued or held by foreign investors to $51bn from just $1bn, a move likely to provide foreign firms with attractive opportunities in India’s credit market.
2 min read · 25 April 2013
S&P Capital IQ believes demand for high yield bonds will continue to rise as investors seek alternatives to government and investment grade bonds, despite decreasing returns.
2 min read · 24 April 2013
After struggling to crack $100m in commitments a year ago, the Sullivan Debt Fund is well on its way to closing on its targeted $300m, according to a Texas State Board of Education webcast.
2 min read · 24 April 2013
Future Fund has replaced Mitchell Stack, who resigned in November 2012, with David George as head of debt and alternatives.
1 min read · 24 April 2013
The Bank of England’s monetary policy committee today revealed changes to the £80bn Funding for Lending scheme, boosting the supply of cheap credit to small businesses.
2 min read · 23 April 2013
The firm had been scheduled to hold a final close at some point in the first half of this year, according to San Jose pension fund documents.
2 min read · 23 April 2013
