The New York-based distressed debt investment firm acquired the chain of children’s apparel shops in a Chapter 11 restructuring.
2 min read · 03 October 2017
The asset manager’s latest CLO will mark the first investment from its partnership with a large Canadian pension plan.
2 min read · 02 October 2017
European leveraged finance is operating in an unexpectedly benign environment, but undisciplined structuring could be the market’s downfall.
3 min read · 28 September 2017
Amid massive capital inflows into the private debt asset class, panellists at PDI’s annual US conference agreed that deal terms have reached a point of excess.
3 min read · 29 September 2017
The mid-market private equity firm’s debt credit group is making its debut after launching last year.
2 min read · 26 September 2017
Although billion-dollar-plus NPL deals may be common in Europe, China’s market offers fewer big ticket opportunities for international investors.
2 min read · 26 September 2017
A round-up of the some of the key recent deals in private debt.
3 min read · 26 September 2017
Fitch Ratings said Sears, another distressed retailer, could make that number 12 percent if it seeks court protection by the end of the year.
2 min read · 21 September 2017
Wary of recent developments, private debt managers may even shelve investment in quality companies – creating, rather than addressing, a funding gap.
3 min read · 21 September 2017
The Swiss firm is targeting senior secured loans, but it will also make investments further down the capital stack such as mezzanine debt and of an opportunistic nature, such as rescue financings.
2 min read · 20 September 2017
