UK picks banks for second syndication in September

The UK Debt Management Office has selected the banks which will lead its second syndicated transaction of the month, a tap of its 0.5% 2061 conventional Gilt.

Spain rumoured for syndication as early as next week

Spain is looking to follow hot on the heels of the soaring demand Italy attracted this week with its own syndicated bond which could come as soon as next week in what is likely to

Hungary prints first sovereign green Samurai

Hungary returned to the Samurai market after a two year absence on Friday to sell the first ever sovereign green bond in the market, which formed part of its ¥62.7bn (€500m) four tranche deal, which

Huge blowout as Nissan tries to push investors out on curve

Nissan Motor made its debut in the European bond market on Friday with a €2bn deal that investors would have liked larger and differently shaped, just a day after it had issued its first ever

LLCP Buys Tropical Smoothie from BIP

Levine Leichtman Capital Partners (LLCP) has acquired Tropical Smoothie Café from BIP Capital in partnership with the company’s management team. Tropical Smoothie Café (TSC) is a franchisor of fast-casual cafes that serve smoothies, wraps, sandwiches,

Dominus Finds Combination for Lockmasters

Dominus Capital has acquired Lockmasters in partnership with the founding Miller family. Lockmasters is a manufacturer and distributor of combination locks, tools, hardware, and educational services to government and security professionals, including automotive locksmiths, general

UK seeks to regain green edge with Gilts, own Taxonomy, TCFD rule

The UK will issue its first green Gilts next year, create its own Taxonomy of green activities and oblige large companies and investors to report as recommended by the Task Force on Climate-Related Financial Disclosures

China policy round-up: Beijing launches data security initiative, Sino-US visa war heats up, Trump vows decoupling with Mainland

In this round-up, the foreign minister announces a global data security initiative, both American journalists and Chinese students face fresh visa restrictions, and president Donald Trump says his re-election will end the US’s reliance on

HIG European Capital Partners III sets target on €1bn

HIG Capital has set the target for its new fund HIG European Capital Partners III on €1bn, Unquote understands.

Experienced Chicago private equity player Benford Capital seals $130m debut fund close

Longstanding Chicago private equity house Benford Capital Partners has beaten its target for its debut fundraise by reaching a $130m final close.

DNX Ventures raises $315m for third fund targeting US, Japan B2B startups

DNX Ventures has hit a $315m final close for its latest fund targeting early-stage B2B startups in the US and Japan.

Technology Crossover Ventures gets DCRB backing for latest flagship fundraise

Tech-focused private equity house Technology Crossover Ventures is back in the market with its latest flagship fundraise - and has picked up a commitment from the District of Columbia Retirement Board.

Struggling Saga takes aim at former private equity owners over ‘dramatic’ debt increase, short-term decision making

The former private equity owners of UK insurance and travel specialist Saga have come under fire from the business for saddling it with large amounts debt.

Serve Capital passes $50m mark for third flagship fund of funds raise

Fund of funds investor Serve Capital has hauled in close to $52m for its third flagship fundraise.

Lone Star said to eye American Bath Group exit at up to $2bn valuation

Lone Star Funds is reportedly exploring a potential sale of American Bath Group that could value the bathtub and shower maker at up to $2bn.

Berkshire Partners teams with food industry veteran Vélez-Bautista to launch El Dorado Foods

Boston-based buyout house Berkshire Partners has teamed with veteran food business executive Javier Vélez-Bautista to launch Latin food and drink-focused El Dorado Foods.

Santander spins its $400m FinTech venture arm into Mouro Capital

Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big

Ares-backed Volery Capital buys into clean energy-focused asset manager Sustainable Development Capital

Ares Management-backed Volery Capital Partners has completed a growth equity investment in clean energy and project development asset manager Sustainable Development Capital.

UBS appoints India country head

UBS has tapped Uday Odedra as its new India country head, effective next year.

Comment: Africa’s gathering debt storm

Without rapid and vastly increased external help to weather the Covid-19 storm and ease their debt-service burden, many African economies could collapse. This would directly affect the rich world in ways for which it is

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