(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.
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.
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.
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.
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dividend recapitalisation and refinancing loan for Norwegian satellite navigation group Marlink has been withdrawn from the market, sources familiar with the situation said.
LONDON, July 6 (LPC) - Investors in European leveraged loans are increasingly concerned that private equity firms are making overly-aggressive adjustments to portfolio companies’ earnings to support higher debt loads.
July 5 (LPC) - Private debt investment firm Alcentra has provided around £100m in debt financing to back Core Equity Holdings' investment in Portman Dental Care, according to a source familiar with the deal.
June 18 (LPC) - Ares has invested in excess of £500m in a mixture of debt and equity instruments in UK-based VetPartners to help further fund its expansion, a source close to the deal said.
(This version of the May 17 story corrects to show Maplin repaid loan to Wells Fargo)
(LPC) - Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG , owner of online property platforms Zoopla and PrimeLocation.
Iranian Supreme Leader Ayatollah Ali Khamenei accused U.S.-backed Gulf Arab states of carrying out an attack on a military parade that killed 25 people, almost half of them members of the country's elite Revolutionary Guards.