Sixth Street soars to €1bn hard cap for new European debt fund amid Covid-19 opportunity

Former TPG credit arm Sixth Street has struck a €1bn hard cap final close for its second fund targeting European direct lending deals.

Carlyle launches sustainable loan for Siemens gearing carve-out

Bank of America, Deutsche Bank and UniCredit have launched the buyout funding for Carlyle’s €2bn purchase of Flender, a company making wind turbine gearing, from Siemens. On offer is a €1.045bn term loan 'B' in

Voltalia’s maiden green convertible attracts strong bid

Europe’s primary equity-linked market has reopened for 2021, with a debut €200m green convertible bond issued by Voltalia, the French renewable energy company.

Europe’s equity-linked market stays risk-on after strong 2020

Rising equity markets, new lockdowns and a pick-up in M&A are expected to lead to a busy first quarter for convertible bond issuance in Europe, according to bankers.

Green bankers confident of Taxonomy U-turn

Sustainable finance specialists are optimistic that the European Commission will make a last minute concession on its proposed rules for green buildings when it publishes its final and binding Taxonomy of Sustainable Economic Activities, expected

Private equity firms mull bids for KPMG’s UK restructuring arm

ICG and Towerbrook eye bids for KPMG's UK restructuring arm

Ivanhoe Spac nets $240m, eyes new energy industries

Singapore-based Ivanhoe Capital listed a special purpose acquisition company (Spac) on the New York Stock Exchange this week, raising $240m after increasing the size of the float.

Grab turns to US investors for $750m TLB financing

Singaporean ride-hailing company Grab Holdings has added a dash of excitement to the loan market with plans to raise $750m from a new outing. Pan Yue reports.

Easing tensions lift Russian IPO hopes but tough market ahead

Equity capital markets are bracing for an influx of Russian IPOs in the autumn, following a slight easing of tensions between the US and Russia. However, not only is the threat of further sanctions still

Russian ECM hopes could be another false dawn

The possible flotation of a Russian hospitals group is being billed as a revival of the country’s IPO market, with more deals to follow. Bankers pointed to the recent US-Russian summit in Switzerland as cause

EU bonds: one step closer to being Europe’s safe asset?

The EU has made a quick start to funding its €800bn Next Generation EU programme in the bond market, with €25bn done in two of three syndications scheduled for June and July. But will the

UK publishes green framework ahead of debut bond in September

The UK published its green financing framework on Wednesday as it prepares to roll out its much anticipated green Gilt programme, with at least £15bn of issuance in the format expected over the course of

SoftBank makes rare bond showing with $7bn-plus eight trancher

SoftBank returned to euro and dollar bond markets after a three year absence to issue an eight tranche deal, raising more than $7bn-equivalent from total demand of more than $16bn, and hitting every empty spot

Zukunftsfonds Heilbronn leads €60m round for Eleva

Zukunftsfonds Heilbronn has led a €60m funding round for Germany-based Eleva, a biotechnology company that uses a moss-based platform to develop proteins for use in potential drug candidates.

Sagewind Capital buys into DoD, intelligence services sensor data specialist Sigma Defense Systems

New York private equity house Sagewind Capital has bought into airborne intelligence, surveillance and reconnaissance sensor data specialist Sigma Defense Systems.

eEquity raises biggest ever fund thanks to debut commitment from EC, EIF investment initiative

Nordic growth investor eEquity has hit an SEK 1.6bn (€160m) final close for its new fund targeting e-commerce and internet retailing.

Private equity firms said to prep £400m-plus KPMG restructuring operations unit bids

'Big four' professional services firm KPMG is reportedly in the sights of private equity majors as they look to pick up its UK restructuring operations.

Lone Star pulls £3bn sale of UK developer Quintain

The US-based firm had received “very reasonable offers” but ended discussions against the backdrop of third lockdown in the country

Goldman Sachs warns of double-dip recession for UK on third lockdown

The US investment bank was optimistic that the economy will pick up 'strongly' in the spring

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.