Senior Debt

Structurally sound

Senior and unitranche dominate European deals.

Looking for top gear

The banks are fighting back in Italy, but favourable regulation and opportunities to lend to companies with intangible assets means debt funds are seeing more business than ever. Claire Coe Smith reports

HSBC raises $800 million for diversified loan fund

The fund will target a diversified array of lending opportunities across the world including direct lending and acquiring loans on the secondary market.

Apera backs recap of Boards&More – exclusive

Unitranche and super senior facilities will back the further growth of the sports equipment provider.

Idinvest beats target for fourth fund with €715m

The French alternatives manager has been actively investing this year and expects its fourth vehicle to be fully committed by year-end.

Subordinated sources

Subordinated debt is growing in popularity.

Subordinated debt use reaches highest level since 2014 – report

Senior-only deals are making up a smaller percentage of deal activity as second-lien and high-yield make a comeback.

Amundi launches senior real estate debt fund

The strategy will focus on floating-rate loans provided across the eurozone.

Apera provides debt finance for Ostertag acquisition

The unitranche facility is Apera’s first deal in the German market.

CVC and EQT back second round of sponsorless funding for Paymentsense

The card services provider has received a second injection of cash after a year of strong growth.