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.
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, July 9 (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 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.