The syndicating banks are now reconsidering the amount they want to sell as the planned £1bn syndication is over-subscribed at the discounted rate of 91 percent to face value. Some of the selling banks are reluctant to meet the demand.
2 min read · 12 January 2013
The $15 billion of capital raised or targeted for infrastructure investment this week is one route for investors, managers and their banking partners to escape the credit mire, writes Nicholas Lockley
1 min read · 12 January 2013
The European Capital deal follows its share buy-back and increased dividend this week, as it reported a first quarter earnings loss related to its introduction of 'fair value' accounting.
2 min read · 12 January 2013
The West and Central African buyout firm founded by Nigerian executives, was largely backed by local investors as well as CDC, the UK government fund of funds.
2 min read · 12 January 2013
On a conference call, president Tony James touted his firm’s deal flexibility but said prices are ‘still way too high’ in the middle market.
3 min read · 12 January 2013
The West and Central African buyout firm founded by Nigerian executives, was largely backed by local investors as well as CDC, the UK government fund of funds.
2 min read · 12 January 2013
TH Lee and Bain will settle litigation with lenders over their previously agreed buyout – after the deal’s debt and equity are put in escrow.
2 min read · 12 January 2013
The underwriting banks have provided buyers of quantities of more than £100m with a financing package which could secure them an internal rate of return of around 20 percent over four years.
2 min read · 12 January 2013
The firm has hired Aaron Nieman to build an event-driven hedge fund platform targeting the Asia-Pacific region.
2 min read · 12 January 2013
The firm has hired Aaron Nieman to build an event-driven hedge fund platform targeting the Asia-Pacific region.
2 min read · 12 January 2013
