CapVest, Igneo Infra front lenders for acquisition funding

Goldman Sachs, Morgan Stanley and ING hit up debt investors this week, while its argy-bargy with rival bidder BGH Capital continued at the Takeovers Panel.

The funds raised would be used to acquire Virtus for $692.6 million to $696.8 million, depending on what happens in the coming month or so. Igneo was looking for about $NZ1 billion in debt and offering around 4 per cent over cash to local investors, sources said. It had ANZ, MUFG, RBC and Natixis doing the raise.to buy Ramsay Health Care, in what Street Talk’s previously tipped as one of the biggest debt stacks in corporate Australia.

Just like private equity managers, there’s plenty of dry powder in private debt land. The latter’s a much smaller pool of capital but one that’s strongly supported by superannuation funds.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

ANZ predicts a worse housing market slowdownThe housing slowdown will increase as the RBA tackles the highest inflation in 21 years with a string of increases in the benchmark lending rate, the third-largest home lender says.
Fonte: FinancialReview - 🏆 2. / 90 Consulte Mais informação »