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The Finnish private equity manager had established a credit fund following a senior hire.
The refinancing redeems the borrower’s outstanding public bonds, with all debt now held by Permira.
.jpg "Beechbrook makes two deals from UK SME fund")
The fund focuses on UK SMEs not backed by a private equity sponsor.
The firm is also planning to introduce a multi-asset credit offering following the appointment.
The three firms have been awarded a contract to manage more than £110m for the London borough’s pension fund.
.jpg "GACP, KKR finance Sears Canada")
The firms have provided a loan facility to the Canadian retailer to be used for general corporate purposes.
The firm has created a new position overseeing credit research for its manager research division.
The German-based firm raised roughly 30 percent more in investor commitments than it did in 2015.
The firm’s credit affiliate has provided a flexible unitranche facility to a UK-based advertising firm, refinancing its existing debt.
.jpg?id=12885376012 "PGIM provides financing for student housing acquisition")
PGIM’s real-estate focused arm has extended a debt facility and provided additional debt financing to allow for a UK-REIT to finance an acquisition.