LONDON, July 18 (LPC) - European leveraged loan bankers,
desperate for fees as a result of the ongoing low-deal market
environment, are keen to lead more lucrative public to private
financings, but the collapse of a handful of recent deals has
resulted in some signs of frustration among lenders.
LONDON, July 16 (LPC) - Lead banks are in talks with private
debt funds and family offices to shift excess paper on a €1.8bn
buyout financing for German chemicals group Evonik’s
methacrylates plastics unit, Madrid, that they are stuck with
and are considering launching a second syndication process,
banking sources said.
LONDON, July 16 (LPC) - Bank of America Merrill Lynch looks
set to take a leading role on a debt financing backing private
equity firm Blackstone’s €1.64bn acquisition of Irish building
materials supplier CRH’s European distribution arm, banking
LONDON, July 11 (LPC) - Up to €25bn-equivalent of deals are
poised to hit Europe's leveraged loan market this summer, but
underwriting deals is proving difficult as arranging banks try
to strike a balance between caution in a weaker market, and
aggression to win deals.
LONDON (LPC) - The acquisition of French call centre business Webhelp by Groupe Bruxelles Lambert (GBL) and founding shareholders is expected to be backed with around €1.4bn (£1.2 billion) of debt financing, banking sources said.
LONDON (LPC) - Around 11 banks are lining up US$3bn (£2.4 billion) of debt financing to back Bain Capital’s potential acquisition of WPP’s data analytics division Kantar, banking sources said.
LONDON (LPC) - Five banks have lined up a €1.625bn (£1.46 billion) debt financing to back a takeover offer of German lighting group Osram by private equity firms Bain and Carlyle, banking sources said.
LONDON, June 27 (LPC) - The division of duties between
arranging banks in Europe’s leveraged loan market is widening
further as those leading a deal take an even more prominent role
sidelining the rest of the group, which are left with very
little visibility during syndication.
LONDON, June 26 (LPC) - Car auctioneer BCA Marketplace is
returning to Europe’s leveraged loan market as it seeks to raise
just over £1bn-equivalent of debt to back its £1.91bn
acquisition by British private equity firm TDR, banking sources
LONDON, June 25 (LPC) - Two big portfolios of loans and
bonds from ICG and CSAM hit Europe’s secondary loan market this
week as investors seek opportunistic cash raises to invest in
higher yielding paper, banking sources said.