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
The law firm has appointed Mark Wesseldine as partner in a bid to expand its team of debt specialists focusing on restructuring, debt financing, mezzanine and high yield bonds.
2 min read · 23 April 2013
The University of Michigan will hold this investment within its $1.27bn absolute return portfolio.
2 min read · 22 April 2013
The real estate manager’s First Mortgage II fund had been expected to hold a first close in 2011, according to meeting materials.
1 min read · 19 April 2013
British hotel chain Jurys Inn has completed a debt refinancing that will see existing shareholders pump £120m in new equity.
1 min read · 19 April 2013