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Blackstone and Permira assess debt options for €6.5bn Adevinta deal

Private Equity Insights

The private equity firms aim to refinance or reprice Adevintas existing 4.5bn debt and may raise an additional 2bn, potentially for a shareholder dividend, according to sources familiar with the matter. Adevintas current debt, held by around 20 lenders, carries a 575-basis-point margin over Euribor with an original issue discount at 98.

Debt 147
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EG Group targets $13bn New York IPO to drive growth and reduce debt

Private Equity Insights

The company, co-owned by the Issa brothers and private equity firm TDR Capital, plans to list later this year in one of the largest retail IPOs in recent memory. EG Group aims to use the proceeds to reduce its $9bn debt and fund expansion, with a focus on strengthening its US operations. Source: Retail Gazette Can’t stop reading?

Debt 130
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Bain Capital considers $10bn sale of Rocket Software

Private Equity Insights

The private equity firm has engaged financial advisors Moelis & Co and RBC Capital to oversee the process, which is expected to begin in the coming weeks. Bain Capital, Moelis & Co, and Rocket Software declined to comment, while RBC Capital has yet to respond. Can`t stop reading?

Capital 147
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This Completely Off-the-Radar Company Yielding 11.5% Might Be the Safest High-Octane Dividend Stock to Own in 2025

The Motley Fool

This may be Wall Street's safest 11%-plus-yielding stock for 2025 Though there are well over 100 publicly traded companies currently yielding north of 10% on an annual basis, the one that could allow income seekers to sleep easy at night is little-known business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

Companies 246
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Maven Capital fuels Digital Rewards Group’s global growth with major investment

Private Equity Insights

Maven Partners Ryan Bevington and Jeremy Thompson spearheaded the investment from the firms Manchester office, with ThinCats providing senior debt funding. Read more Maven Capital fuels Digital Rewards Groups global growth with major investment Read More HOOPP reports 9.7% Can`t stop reading?

Capital 162
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Goldman Sachs launches Capital Solutions Group to boost private equity financing

Private Equity Insights

Goldman Sachs unveiled its Capital Solutions Group, a new division aimed at strengthening its focus on financing solutions for private equity sponsors. The group combines the firms corporate finance, leveraged finance, and equity capital markets teams into one unit. Source: Reuters Can’t stop reading? The London Stock Exchange.

Financing 130
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Blue Owl Capital supports $4bn acquisition of PCI Pharma Services

Private Equity Insights

Blue Owl Capital backed the $4bn acquisition of PCI Pharma Services, a leading provider of pharmaceutical packaging and clinical trial solutions. Read more Blue Owl Capital supports $4bn acquisition of PCI Pharma Services Blue Owl Capital backed the $4bn acquisition of PCI Pharma Services, a leading provider of.

Capital 130