david.b@peimedia.com

Refinancings and repricings continue to drive the increasing activity in the European market, while spreads continue to contract across the continent

The £12.5bn UK pension scheme has issued a tender notice requesting third-parties to provide due diligence assessments on private credit, private equity and infrastructure investments.

Bain continues to expand its footprint in Southern Europe, despite a slower than expected start to the NPL sell off in the first half of this year.

Anthony Robertson heading up the Strategic Value Credit business, which is in the process of launching a fund targeting $1bn.

Analysts on the firm’s quarterly earnings call raised the prospect of surpassing the $100bn it hopes to raise by 2020.  

What will replace the scandal-ridden benchmark rate is a key concern for the direct lending market but many won’t be sad to see it go.

The subordinated debt package is indirectly secured on intu’s Trafford Centre property and is due to mature in 2022.

The firm is expecting to still hit its €4bn yearly fundraising target and is expecting a first close on its latest senior debt partners fund in the next quarter.

The strategy is targeting larger deals where it believes the market is less competitive.

The unitranche package opens a capex line and acquisition line for the pharmaceutical company, which is expected to complete two purchases in the next couple of months.