Latest Private Equity news

  • Stada buyout prescription finally shows results

    Bain Capital and Cinven's €5.3bn buyout of German pharmaceuticals maker Stada went through this week, the firm announced on Friday, after a tense build up to Wednesday's midnight deadline, with the 63% shareholder acceptance threshold only just being reached.

    • 18 Aug 2017
  • CVC’s AR ups leverage at no extra cost

    AR Packaging, the Swedish maker of packaging for food, increased its LBO loans with a dividend recapitalisation deal on Tuesday. The move follows a trend of loan borrowers taking on more leverage ahead of new European Central Bank guidance on leverage limits.

    • 15 Aug 2017
  • Europe’s levfin should use ‘Merkron’ card to win US PE over

    US private equity firms keep an eye on European deals, but their doubts over the eurozone’s future become a deterrent at times. Now that Germany and France are signalling a zealous commitment to the European project, the chance is ripe to regain their trust.

    • 15 Aug 2017
  • Stada buyout proving difficult pill to swallow

    Bain Capital and Cinven’s second attempt for German pharmaceuticals manufacturer Stada could meet the same fate as their last one later this week with shareholders tendering around a third of the firm’s shares, leaving only until midnight on Wednesday for the 63% threshold to be reached.

    • 14 Aug 2017
  • Direct lending open for sterling UK business in August

    Private equity firms have deployed their direct lending arms in three UK mid-sized deals in the past week, just as public market bankers begin to fret about the effects of Brexit on the sterling market.

    • 14 Aug 2017
  • Holland & Barrett still at till with LBO financing

    All eyes in the leveraged loan market this week were trained on UK health food retailer Holland & Barrett.

    • 10 Aug 2017
  • EQT’s Vetcare adds to loan as sentiment sours over UK

    Independent Vetcare, a veterinary group based in the UK, is back in the market with an add-on to the sterling loans that funded its leveraged buyout in April.

    • 09 Aug 2017
  • New Look reveals HY cracks over UK retail

    UK fashion retailer New Look saw its bonds trade down after poor quarterly results this week just as fears mount of a downturn for the sector. That has left high yield investors divided about the implications for issuance from New Look's peers.

    • 09 Aug 2017
  • Eurazeo adds Spanish flavour with Iberchem

    Eurazeo, the private equity firm, is offering a loan to fund the leveraged buyout of Spain’s Iberchem, a fragrance and flavour maker, from Magnum Capital.

    • 08 Aug 2017
  • Mémora expects calm success for LBO loan

    Conditional books are already oversubscribed for the €240m term loan that funds the Ontario Teachers' Pension Plan's acquisition of Mémora, an Iberian funeral services provider.

    • 08 Aug 2017

Private equity news archive

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,887.75 55 6.77%
2 BNP Paribas 12,922.24 69 6.29%
3 Goldman Sachs 11,801.80 45 5.75%
4 Deutsche Bank 11,123.41 61 5.42%
5 Bank of America Merrill Lynch 10,782.14 44 5.25%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,994.70 40 8.04%
2 Goldman Sachs 4,312.69 35 6.95%
3 Deutsche Bank 4,249.17 39 6.84%
4 Barclays 3,956.08 33 6.37%
5 Citi 3,884.06 28 6.26%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 24,067.99 186 10.79%
2 Citi 19,404.77 149 8.70%
3 Bank of America Merrill Lynch 17,997.02 158 8.07%
4 Goldman Sachs 17,038.94 119 7.64%
5 Barclays 15,537.71 103 6.97%