LONDON, Sept 11 (LPC) - Banks are showing a select group of
investors a €1.16bn debt financing backing Swedish private
equity firm EQT’s acquisition of Madrid-based theme park
operator Parques Reunidos, banking sources said on Tuesday.
LONDON, Aug 28 (LPC) - Arranging banks are facing a fresh
assault on underwriting fees on buyout loans, as private equity
firms are demanding lower fees if their limited partners join
deals, or for introducing other investors, after already
securing discounts if their debt arms lend.
LONDON, Aug 27 (LPC) - A select group of relationship banks
are being offered US$1bn tickets in a US$13.5bn bridge loan
backing the acquisition of Refinitiv by London Stock Exchange
Group, banking sources said on Tuesday.
LONDON, Aug 8 (LPC) - Three equity investors behind the
£5.91bn (US$7.49bn) take-private buyout of UK theme park and
attraction operator Merlin Entertainments are also underwriting
just under half of the £3.8bn-equivalent debt, uniting the
interests of parties that have traditionally been separate.
LONDON, July 29 (LPC) - Banks are pitching to lead a
possible debt financing backing a potential US$27bn merger
between financial data firm Refinitiv and the London Stock
Exchange Group (LSE), banking sources said on Monday.
LONDON, July 23 (LPC) - CVC is poised to take a third
dividend payment of up to €620m from German sports betting group
Tipico, bringing total shareholder payments to more than €1bn
since the company's private equity buyout in 2016, banking
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.