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

Private Equity Insights

EG Group aims to use the proceeds to reduce its $9bn debt and fund expansion, with a focus on strengthening its US operations. The public listing will provide the company with greater financial flexibility, enabling it to address its debt while pursuing long-term growth opportunities. The company, co-owned by. The company, co-owned by.

Debt 130
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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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This Completely Off-the-Radar Company Yielding 11.5% Might Be the Safest High-Octane Dividend Stock to Own in 2025

The Motley Fool

With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, every investor is likely to find one or more securities that'll help them meet their goals. But what's most important to investors is that dividend stocks have crushed non-payers in the return column over the last half-century. Through Sept.

Companies 246
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Allianz closes €1.5bn private debt secondaries fund

Private Equity Wire

Allianz has closed its global Allianz Private Debt Secondaries Fund (APDS) at 1.5bn (1.26bn), exceeding its initial target size of 500m, according to a report by Alternative Credit Investor.

Debt 87
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Oversubscribed fundraise sees Capitala collect over $1bn for small business debt, equity deals

AltAssets

Small business debt and equity investor Capitala Group has raised more than $1bn for its oversubscribed latest fund and separately managed accounts. The post Oversubscribed fundraise sees Capitala collect over $1bn for small business debt, equity deals appeared first on AltAssets Private Equity News.

Debt 86
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PE-owned Hearthside files for bankruptcy after debt struggles

Private Equity Wire

The move comes after the food company failed to refinance significant debt. In a statement, Hearthside said it had reached a restructuring agreement with its lenders and equity investors to “right size” its balance sheet. Bloomberg had reported last week that a bankruptcy filing was imminent.

Debt 97
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3 Top Buffett Stocks to Buy and Hold for the Long Haul

The Motley Fool

Warren Buffett is one of the most closely followed investors in the world. Many investors follow those stocks for investment ideas, but they're mostly conservative blue chips that won't skyrocket over the next few months. Visa's business is resilient because it doesn't issue any cards or take on any debt. in 2023 and 8.7%