The project, which involves the construction of a 772-bed hospital in downtown Montreal, has reached financial close, marking the largest-ever bond offering for a Canadian PPP.
2 min read · 15 January 2013
The New York-headquartered distressed debt investor says it is not closing its Asian operations, a claim put forward by a web site this week.
2 min read · 15 January 2013
The start-up firm run by Ric Lewis has brought forward a first close for Curzon Capital Partners III as it hones in on 5 European deals during a time when spreads between core-plus and value-added yields are at ‘a cyclical high’.
2 min read · 15 January 2013
The IFC is considering coordinating $150m in senior debt for the $600m Emerging Africa Infrastructure Fund, which is managed by a division of Standard Bank. The fund supplies long-term debt to finance private infrastructure projects across Africa.
2 min read · 15 January 2013
Chad Pike, senior managing director and co-head of real estate at The Blackstone Group, said a ‘long, steady flow of deals was inevitable’, as he revealed the firm was about to close on a deal in Germany that went into bankruptcy in 2008.
2 min read · 15 January 2013
BBVA, CIC, Dexia, Natixis and SG are backing a consortium led by a subsidiary of Bouygues in the financial close for the 30-year contract to build and operate France’s new Ministry of Defence. The €806m loan will start syndication this month to European banks.
2 min read · 15 January 2013
The purchase of G6 Rete Gas from GDF Suez marks the consortium’s third acquisition in the Italian gas distribution sector over the last two years. The deal is set to close in the fourth quarter of 2011.
2 min read · 15 January 2013
A club of three commercial banks together with the EIB are providing €298m in debt for a 58-kilometre stretch of the A8 highway, the first project in the second wave of Germany’s A-model highways to reach financial close.
1 min read · 15 January 2013
NBCU will pay $1bn to buy Blackstone's 50% stake in the theme park, which the firm reportedly acquired for $275m in 2000.
2 min read · 15 January 2013
Prudential has tested Europe’s appetite for mezzanine debt vehicles, raising the largest dedicated fund in the region so far. PERE Magazine, June 2011 issue
3 min read · 15 January 2013