BMW sails through market volatility, seals second ABS
BMW Automotive Finance bagged Rmb8bn ($1.14bn) from a three tranche auto loan ABS transaction on Tuesday. The deal was priced tightly despite difficult market conditions in China.
BMW Automotive Finance bagged Rmb8bn ($1.14bn) from a three tranche auto loan ABS transaction on Tuesday. The deal was priced tightly despite difficult market conditions in China.
China Merchants Securities is planning to tap the Mainland and Hong Kong markets for a pair of rights issues that will raise a combined Rmb14.99bn ($2.13bn).
China Bohai Bank is set to price its Hong Kong IPO around the bottom of the marketed range on Thursday to net HK$13.7bn ($1.77bn), according to a source close to the deal.
Bank of Communications Financial Leasing Co priced a $800m dual-tranche deal on Tuesday. While it initially wanted to sell just a floating rate note, it added a fixed rate portion too due to investor interest.
Metropolitan Bank & Trust Co followed fellow Philippine bank BDO Unibank offshore this week, raising $500m on Tuesday.
The Shanghai Clearing House’s decision to give bond issuers insight into the holders of their debt is a smart move. China has enough regulation; what it lacks is information.
TCL Technology Group Co sold its maiden dollar bond on Tuesday, getting a 10 times oversubscribed book at its peak thanks to a standby letter of credit (SBLC) from Bank of China.
Oddo BHF Private Equity has closed its secondaries fund on €358m, exceeding its initial €300m target.
Although the coronavirus pandemic has set back plans for many GPs, a number of mid-market and small-cap buyout vehicles are on the road in the DACH region, along with several venture capital funds. Harriet Matthews
Levine Leichtman Capital Partners has revealed its succession plan as co-founders Arthur Levine and Lauren Leichtman look to the next generation of leaders, 36 years after launching the firm.
French debt fund manager Artemid has held a first close at €400m for its Senior Loan III Fund.
Silver Lake has wholly acquired France-based payroll and HR software business Silae in its first European acquisition of 2020.
Private equity specialist Wise Equity has acquired Italian telecoms cable manufacturer Fimo from private equity firm IGI.
Global private equity major KKR has agreed a strategic buyout of retirement and life insurance company Global Atlantic.
S7V and Presight Capital have backed a €4m extension to business banking startup Penta's series-B funding round, bringing its series-B total to €22.5m.
Resource Partners is in the process of selling its stake in Polish compound feed company Golpasz to De Heus Animal Nutrition, a Netherlands-based animal nutrition company.
Workplace management software company Matrix24, a portfolio company of Emeram Capital Partners, has acquired US-based asset intelligence and service management software company FireScope.
Ardian has sold its stake in Envision Pharma to co-owner GHO Capital.
Private equity portfolio companies are largely weathering the storm caused by the coronavirus crisis, new research from risk management firm Willis Towers Watson shows.
Private equity firm White Bridge Investments has acquired Italian natural cosmetics producer Specchiasol from the company's founder.
