Private debt firm Bayside Capital's joint venture with property specialist Bauer Group has completed its first deal, acquiring a portfolio of 15 commercial properties in the UK in an all-equity deal which will be refinanced at a later date.
2 min read · 24 March 2014
US lender Fifth Street has financed the buyout of occupational health provider RSOH by The Riverside Company, the second time in a month the private equity group has made use of a non-bank lender to provide financing.
1 min read · 20 March 2014
US private equity firm Apollo has managed to acquired a two-thirds majority position in the TV company's debt, paving the way for a debt-for-equity restructuring.
2 min read · 19 March 2014
Approximately $899m of European corporate debt will mature this year, according to the ratings agency.
2 min read · 18 March 2014
Ellis Short, the former principal at Lone Star, has raised $1.5bn in just five months for his new firm’s distressed European real estate debt investment fund and is thought to have another $1bn of capital commitments competing for the remaining $500 million of units.
2 min read · 17 March 2014
Some £76m of senior secured fixed-rate bonds will be issued in support of the North Tyneside ‘Quality Homes for Older People’ PFI project.
1 min read · 17 March 2014
The buoyant high yield markets continue to lure yield-hungry investors, as well as sponsors rushing to (re)finance deals. But now, as a result of the boom, covenant quality is at a record low.
3 min read · 14 March 2014
The €275m of high yield bonds issued by LBO France-owned food business Labeyrie were priced with a 5.625 percent coupon.
2 min read · 14 March 2014
Real estate debt funds can deliver returns on a par with core real estate equity investing with less risk, particularly if they seek out opportunities outside primary locations, according to a Partners Group report, PDI can exclusively reveal.
3 min read · 13 March 2014
Former Scotiabank infrastructure finance executive Mike Nowak has joined the Italian bank as it ramps up its presence in the UK.
1 min read · 13 March 2014
