Anna Devine
Increases in activity in continental Europe will contribute to sizeable growth in loan sales in the region year-on-year, Deloitte says.
The $207 million funding round in Dianrong.com is the largest ever investment in a Chinese online lender and the first equity investment by a commercial bank into a an internet lender, its claimed.
The triple-A rated notes were priced at Libor plus 1.5 percent.
.jpg "Dutch pension fund invested in UK and US RE debt")
Pension fund manager SPMS says the fund's property allocation, which includes the €90m debt investment, is in line to hit its overall return target benchmark of 6.5 percent.
.jpeg "Caesars’ senior creditors agree to restructuring")
Senior creditors owed $12 billion have agreed on a restructuring, the gambling group said. However, discussions with junior lenders including Oaktree Capital and Centerbridge Partners continue.
.jpg "Aequitas Capital strengthens team")
Jeff Mazer and Katya Baron will join the capital markets unit.
A handful of bidders have been shortlisted for the €7.2 billion Project Arrow loan book, the largest portfolio put up for sale by NAMA yet.
.jpg "PPF in £400m direct lending mandate with Pricoa")
The £22 billion Pension Protection Fund based in the UK is looking to invest £400 million in direct lending over the next two years.
.jpg "Austrian insurer to commit €1bn to infra debt")
UNIQA is close to approving a €1 billion commitment in a mandate with a single infrastructure manager. The allocation will be the insurance company’s first foray into non-bank lending.
.jpg "Adamas expands executive team")
The China-focused lender has hired a new managing director in Amsterdam, responsible for corporate business development. The firm has also strengthened its private debt team in Hong Kong.