Sunday, 19 August 2018

Isabell Witt' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • Yell Group website

    Yell reorganisation certain despite reset

    Top News | 11 November 2011

    UK yellow pages publisher Yell Group is delaying discussions with lenders about writing down some of its £2.6bn of debt after opting for a loan covenant reset. In its interim results statement last week the company said it would launch a formal request to loosen the debt to Ebitda covenant to give it more flexibility. Yell also wants to use up to £108m of cash to buy back its debt at

  • Yell Group makes changes to its £2.6bn debt amendment request

    Yell makes changes to loan amendment request

    Loans | 09 December 2011

    Yell Group has made changes to its £2.6bn debt amendment request after failing to receive majority support from its lenders, according to a letter sent by Yell to its lenders.

  • Branson

    Virgin trade lifts M&A hopes

    Top News | 08 February 2013

    Liberty Global’s US$23bn acquisition of British cable group Virgin Media has buoyed hopes in the European leveraged finance market that jumbo acquisitions coul

  • Vendors take refi route after failed M&A

    Loans | 26 November 2011

    Refinancing in the loan market may become the better option for vendors failing to sell businesses in the current negative macroeconomic environment, banking sources said last week. Some private equity firms selling portfolio companies may not achieve their expected sale prices, as a result of lower valuations following equity market sell-offs, or the unavailability of debt financing for buyers.

  • US cash comes to Europe

    Loans | 23 November 2012

    US fund managers are beginning to move more cash into European leveraged loans as the market starts offering more attractive yields and many are positioning to fill the gap left by European banks’ deleveraging process and the withdrawal of CLOs.

  • A motorist approaches toll booths on the M6 Toll motorway near Birmingham in northern England

    Swap costs limit deals

    Loans | 19 October 2012

    Billions of pounds of interest rate swaps written in the 2006 and 2007 buyout boom are making it difficult to refinance or restructure the debt of European leveraged infrastructure, project finance and real estate companies, and risk increasing their debt.  

  • Logo of Irish telecoms company eircom

    STT proposal for eircom rejected

    Loans | 16 December 2011

    Lenders to Irish telecoms company eircom are rejecting the latest restructuring pr

  • Spie tightens loan docs in favour of lenders

    Loans | 12 August 2011

    Documentation on the €1.34bn loan backing the buyout of French electrical and mechanical engineering group Spie by a consortium of private equity firms has been amended, in the latest sign that investors are having greater control over aggressive terms proposed by sponsors.

  • SMEs turn to unitranches

    Loans | 20 January 2012

    Unitranche loans from non-bank lenders are becoming a new reliable alternative to syndicated bank loans for small and medium-sized enterprises as European banks struggle to provide timely access to financing amid the eurozone debt crisis.

  • Slim pickings

    Loans | 07 January 2012

    The thin leveraged buyout pipeline in Europe, caused by the ongoing eurozone debt crisis, is forcing lenders to focus on the loan maturity wall, with amend-and-extend procedures expected to take a prominent role in 2012.

Show  10 per page20 per page50 per page