Wells Fargo is providing an asset-back facility similar to one it recently provided to UK-electronics retailer Maplin.
2 min read · 03 February 2017
The £10.4m debt financing is among the six transactions completed in the UK SME fund, Beechbrook’s sponsorless strategy which has raised £150m at final close.
2 min read · 01 February 2017
2017 is unlikely to ring in many changes compared with the second half of 2016, but US second lien loans are an attractive option.
1 min read · 02 February 2017
The US public pension has backed a Western Europe-focused fund.
1 min read · 01 February 2017
An S&P report shows bank lending to project financing is dropping in the EMEA region. While banks are trying to find ways around the Basel III restrictions, a space is opening up for institutional investors.
2 min read · 01 February 2017
ICG-Longbow has provided a £16 million loan through its listed senior UK debt fund to clients of BMO Real Estate Partners, following the repayment of two loans to the fund.
2 min read · 01 February 2017
Rate rises, geopolitics and Brexit are expected to drive an increase in workouts and distressed opportunities in Europe.
2 min read · 01 February 2017
Former McKinsey exec Claus Benkert will lead the 13-strong European team.
2 min read · 01 February 2017
bcIMC is buying into Hayfin itself as well as committing capital to its funds. Four current shareholders are selling their positions.
2 min read · 31 January 2017
The two firms co-arranged the facility to support Chequers’ acquisition of French construction company Alkern Group.
2 min read · 30 January 2017