Edition:
United States

David Brooke

Brexit withdrawal symptoms cut into sterling loan demand

Dec 06 2018

LONDON, Dec 6 (LPC) - UK cinema chain Vue scrapped a £833m-equivalent loans last Thursday as Brexit jitters impacted the European leveraged finance market just days before lawmakers are set to vote on Theresa May’s Brexit deal.

RPT-‘Unitranche killer’ hits Europe’s middle market

Oct 09 2018

LONDON, Oct 9 (LPC) - Banks are partnering with alternative lenders that can offer riskier Payment In Kind (PIK) loans to smaller European companies as they battle to protect their middle market lending businesses from private debt funds.

‘Unitranche killer’ hits Europe’s middle market

Oct 09 2018

LONDON, Oct 9 (LPC) - Banks are partnering with alternative lenders that can offer riskier Payment In Kind (PIK) loans to smaller European companies as they battle to protect their middle market lending businesses from private debt funds.

REFILE-EMEA syndicated lending robust at US$680bn this year

Oct 03 2018

LONDON, Oct 1 (LPC) - Syndicated lending in Europe, the Middle East and Africa (EMEA) in the first three quarters of 2018 was flat compared with the same period last year, reaching US$680bn, according to LPC data.

Loan market embraces technology but queries cost

Sep 27 2018

LONDON, Sept 27 (LPC) - Europe’s syndicated loan market is on the brink of a technological revolution which will increase its speed and efficiency as banks continue to modernise, but questions remain over its implementation and cost.

Ares backs BC Partners' takeover of VetPartners

Aug 10 2018

(LPC) - Direct lending fund Ares Management has committed £595 million in financing to back private equity firm BC Partners' acquisition of UK-based VetPartners, according to a source familiar with the situation.

Ares backs BC Partners' takeover of VetPartners

Aug 10 2018

Aug 10 (LPC) - Direct lending fund Ares Management has committed £595m in financing to back private equity firm BC Partners' acquisition of UK-based VetPartners, according to a source familiar with the situation.

Marlink considers debt options after dividend loan withdrawn

Jul 25 2018

LONDON (LPC) - Apax Partners is considering its debt options for Norwegian satellite company Marlink after a proposed dividend recapitalisation and refinancing failed to find sufficient support in the leveraged loan market.

Marlink considers debt options after dividend loan withdrawn

Jul 25 2018

LONDON, July 25 (LPC) - Apax Partners is considering its debt options for Norwegian satellite company Marlink after a proposed dividend recapitalisation and refinancing failed to find sufficient support in the leveraged loan market.

Marlink's €622m dividend recapitalisation loan pulled

Jul 18 2018

LONDON, July 18 (LPC) - A €622m-equivalent dividend recapitalisation and refinancing loan for Norwegian satellite navigation group Marlink has been withdrawn from the market, sources familiar with the situation said.

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