Latest news with #leveragedfinance
Bloomberg
22-07-2025
- Business
- Bloomberg
Bankers Alarmed over Latest PE Maneuver
Open Interest Billion dollar M&A deals are back, and usually that means leveraged finance desks across Wall Street rake in a fortune. This time around though, private equity has been cutting them out of most of the most desirable deals. Bloomberg's Reshmi Basu joined us for Wall Street Beat on Bloomberg Open Interest to talk about the trend. (Source: Bloomberg)
Bloomberg
21-07-2025
- Business
- Bloomberg
Private Equity Cuts Leveraged Loan Banks Out of M&A — and Fees
The return of billion-dollar M&A deals was supposed to be a boon for Wall Street's leveraged finance desks. It's turning out to be anything but, as private equity cuts them out of many of the most coveted deals. PE firms including Cinven, Platinum Equity and Jacobs Holding have inserted provisions into debt agreements this year that are alarming bankers who stand to lose out on some of the most profitable fees on Wall Street. These portability clauses allow private equity firms to buy and sell companies without fresh borrowings — and they're appearing with increasing regularity in refinancings on both sides of the Atlantic.
Bloomberg
02-06-2025
- Business
- Bloomberg
Goldman Sachs' Chris Bonner on Leveraged Finance Outlook
Goldman Sachs head of Leveraged Finance in the Americas Chris Bonner discusses his outlook for leveraged finance and LBOs with Bloomberg's Sonali Basak at the Goldman Sachs Leveraged Finance Conference (Source: Bloomberg)
