Anna Devine
.jpg "Investec boosts acquisition finance team")
Helen Lucas has joined the growth and acquisition finance team of Investec Specialist Bank from Barclays.
The new stock-based lending platform is hoping to make between £250 to £270 million of loans over the next 12 months.
M&G has provided £45m of fixed-rate debt through a private placement arranged by RBS in a first for Scottish social housing.
Duffy to work as investment director with the mezzanine lender’s European division
.jpg "DC Advisory appoints three to MD roles")
DC Advisory has announced three promotions in its UK senior team, including Terry Huffine (pictured).
.jpg "TDR launches £380m bond for pub operator")
Stonegate, the UK’s largest privately owned pub operator, has refinanced its existing debt by issuing a £380m bond.
.jpg "Wellesley makes largest P2P loan")
New UK lender Wellesley, co-led by chairman and founder Graham Wellesley, has lent £8.3m in the largest peer-to-peer platform loan in Britain.
BDC Prospect Capital has invested $279m in debt and equity in point of sale processor Habortouch.
Already an established, mainstream source of financing in the US, asset-based lending is increasingly prevalent in Europe, particularly in the UK.
Presented with an array of options, private equity firm The Riverside Company picked a unitranche package provided by ICG for its buyout of Italian ice cream company Mec3, in a sign that private debt funds are offering an increasingly compelling alternative to bank financing, writes Anna Devine.