As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.
As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.
Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.
Swedish mid-market firm Accent Equity Partners has raised €380 million for its latest buyout fund in a matter of weeks. The firm has already begun spending the new fund.
Paul Capital Investments has added former GE Asset Management VP Dan Townsend to its growing ranks.
3i has recruited Andrzej Szostak from Rothschild Group to lead its deal activity in Poland, as it continues to commit more resource to buyouts in central and eastern Europe.
The TPG-BA consortium targeting Iberia has finally been granted access to the Spanish airline’s books and it plans to table an offer within a week. TPG is also back in talks with the Italian government for its stake in airline Alitalia, having dropped its bid in May.