Anna Devine
Third retail bond issued by the alternative lender ICG prices; ‘further diversifies ICG’s funding sources’.
The alternative lender backed by UK insurer Legal & General is targeting €1 billion-plus for its first direct lending fund.
The asset manager is in the process of closing its second direct lending fund.
.jpg?id=12885357339 "Ares, GE provide £75m to CVC buyout")
The firms’ €1.75 billion ESSLP joint venture is roughly three-quarters invested.
The credit arm of CVC Capital Partners expects to raise $750m by year-end.
.jpg?id=19327360095 "Caerus deploys half of €200m Volkswohl Bund mandate")
German insurer Volkswohl Bund has reduced its fixed-income allocation to invest in real estate debt, PDI understands.
The American Capital affiliate has provided unitranche financing for the primary buyout of sofa.com
.jpg?id=19327360003 "HSBC executive joins CORDET credit committee")
Kevin Adeson (pictured) brings 20 years of leverage finance experience.
The credit manager is preparing for the next default cycle.
Geopolitical tensions in Russia and Ukraine have not been good for companies east of Vienna. But Anna Devine finds that there are signs of renewed vigour in certain parts of Central and Eastern Europe, which could make for some interesting private debt opportunities.