Anna Devine
The relaxing of lender protections in the European debt market could have grave implications for private funds.
If there is more demand, it could be increased to a maximum of £250m.
The arrival of alternative lenders in Europe is driving up leverage and putting pressure on pricing, the DLA Piper report finds.
.jpg?id=19327356322 "SC Lowy names new head of debt capital markets")
The fixed-income specialist appoints new head of DCM to strengthen its global credit platform.
.jpg "Cordiant holds final close of $350m on debt fund")
European insurance companies have made sizeable commitments to the Cordiant Emerging Loan Fund IV (CELF IV).
Ping An Insurance (Group), one of the largest financial institutions in China, and lender Adamas Asset Management are marketing a debt vehicle with an initial target of $500m.
.jpg?id=12885352047 "GE Capital backs BMI Healthcare leasing facility")
Six hospitals receive £6 million to fund new medical equipment.
The firm is planning to launch its next special situations fund after closing its fifth on $250 million in November.
.jpg?id=19327359209 "Standard Life infrastructure debt team expands")
The team will provide senior debt to core infrastructure projects in the UK and other selective jurisdictions.
.jpg "Prudential Capital opens office in Milan")
The lending business of the listed insurer, Prudential Financial, cements its position in Italy with a new office.