NEW YORK (LPC) - Goldman Sachs Merchant Banking Division (MBD) is seeking up to $17 billion for private credit investments for senior debt financings and special situations transactions, according to documents from Connecticut's state pension plan.
NEW YORK, Jul 9 (LPC) - Private credit firms are requiring their borrowers maintain a strong liquidity cushion as the coronavirus pandemic forces middle market companies to wrestle with spiking leverage levels and falling profits.
NEW YORK (LPC) - Private equity firm Blackstone Group LP's credit arm GSO Capital Partners is seeking U.S. $7.5 billion (5.98 billion pounds) for its fourth subordinated debt vehicle, according to investor notes from the Teachers’ Retirement System of Louisiana.
NEW YORK, July 7 (LPC) - Private equity firm Blackstone Group LP's credit arm GSO Capital Partners is seeking US$7.5bn for its fourth subordinated debt vehicle, according to investor notes from the Teachers’ Retirement System of Louisiana.
NEW YORK, Jul 6 (LPC) - Private equity firm Blackstone Group LP's credit arm GSO Capital Partners is seeking US$7.5bn for its fourth subordinated debt vehicle, according to investor notes from the Teachers’ Retirement System of Louisiana.
NEW YORK, June 2 (LPC) - The New Mexico State Investment Council (SIC) fund is offering financing to in-state businesses, an alternative to federally funded loans for small and mid-sized companies that are heavy in requirements and often reserved for better-known borrowers.
NEW YORK, April 16 (LPC) - Business development companies (BDC) feeling the squeeze from the economic shutdown caused by the coronavirus pandemic are likely to pass that pressure onto shareholders over the next two quarters through dividend cuts.
NEW YORK, April 7 (LPC) - In the years that followed the global financial crisis, private debt managers added myriad strategies to their product suite, including niche ones like aircraft investing, an industry now at the epicenter of the fallout from the coronavirus pandemic.
NEW YORK, March 27 (LPC) - Business development companies (BDCs) are seeking to reassure their investors as they face a one-two punch from the coronavirus pandemic and fears of a deep recession rattle the US.
NEW YORK, March 25 (LPC) - Banks that lend to small to medium-sized businesses are looking to add a baseline to Libor, the benchmark interest rate they make loans against, a move that would ensure the financial institutions a minimum income on the debt securities.
WINDSOR, England (Reuters) -Queen Elizabeth bade farewell to Prince Philip at a funeral on Saturday that celebrated his seven decades of service and gave grandsons William and Harry the chance to talk in public for the first time since claims of racism threw the family into crisis.