Latest Private Equity news

  • 3i inaugurates US infrastructure branch with Smart Carte stake

    UK-based private equity firm 3i announced its first investment in the US infrastructure sector on Monday. It has chosen Minnesota’s Smart Carte, an equipment vendor for the travel and leisure industry.

    • 16 Oct 2017
  • CVC goes Dutch with two unitranches and reprices Corialis

    CVC has made two unitranche loans in the Netherlands, to Voogd & Voogd and Berning, amid busy activity in leveraged debt markets of all kinds.

    • 13 Oct 2017
  • Inovyn’s 225bp margin stuns lev loan mart

    Chlorvinyls firm Inovyn, a subsidiary of chemicals group Ineos, was on course to shave 150bp from its 2024 term loans in a repricing on Thursday. But market participants warned that the trade betrays signs of a lack of discipline in the market.

    • 12 Oct 2017
  • Three hit the road in European high yield

    Three high yield bond borrowers will be roadshowing for a combined volume of €1.2bn of new high yield bonds this week, with a mixture of familiar refinancing and leveraged buyout funding.

    • 09 Oct 2017
  • DomusVi bags 325bp margin for LBO loan amid repricings

    Europe’s leveraged loan market was set for more than €4bn of offerings this week, as borrowers revel in friendly pricing conditions. Large facilities such as the €1bn loan for DomusVi that was launched on Monday could achieve the tightest prices, said bankers.

    • 09 Oct 2017
  • Miller Homes builds debut HY offering in tightening sterling market

    UK housebuilder Miller Homes this week brought its first high yield deal, coming at a time when spreads on sterling bonds with speculative grade ratings have tightened more than 100bp so far this year.

    • 21 Sep 2017
  • Partners Group to launch Civica loans

    The European leveraged loan deal pipeline for September keeps growing, now topping €7bn from more than 10 borrowers. The latest facility is for UK software firm Civica, which Partners Group has acquired from OMERS Private Equity.

    • 14 Sep 2017
  • Virgin opens sterling ‘deep pockets’ for tap

    UK telecoms group Virgin Media was in the market for a £200m add-on of its 2024 receivable financing notes on Monday. By Wednesday, it had sold £450m of the deal, proving that demand is not restricted to the high yield debt market for euros, where three more deals were under way.

    • 14 Sep 2017
  • EQT funds Lion Capital for Grenade acquisition

    Lion Capital, the consumer specialist private equity firm, has funded the acquisition of a controlling stake in sports nutrition brand Grenade with a credit facility from EQT.

    • 12 Sep 2017
  • HY welcomes Cortefiel €600m bond debut after turnaround

    Spanish clothing retailer Cortefiel priced its leveraged buyout bond on Thursday, in a sign that the high yield market is open for challenging credits.

    • 07 Sep 2017

Private equity news archive

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,273.45 69 7.09%
2 BNP Paribas 15,649.19 99 6.42%
3 Goldman Sachs 13,736.97 57 5.64%
4 HSBC 12,718.21 83 5.22%
5 Deutsche Bank 12,330.52 72 5.06%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,988.32 51 7.80%
2 Goldman Sachs 5,669.99 45 7.38%
3 Deutsche Bank 5,126.35 52 6.68%
4 Credit Suisse 4,633.16 52 6.03%
5 Barclays 4,263.74 37 5.55%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29,820.93 232 10.58%
2 Citi 23,746.29 188 8.42%
3 Bank of America Merrill Lynch 22,954.16 203 8.14%
4 Goldman Sachs 20,887.87 148 7.41%
5 Barclays 19,256.47 129 6.83%