Hints and tips:
...If the holdco is declared insolvent, it becomes an even bigger challenge....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...Assuming one turn of leverage on average and including dry powder but excluding ca $133bn of middle-market CLOs, here’s what JPMorgan came up with: Does this latest figure matter to anyone but financial...
...Using a dedicated equity fund can cut the time needed to issue new CLOs from roughly six months to as little as three weeks, said Cary Ho, CVC’s global head of CLO origination....
...There are three main ring-fenced debt entities — Thames Water Utilities Holdings Ltd, opco Thames Water Utilities Ltd and Thames Water Utilities Finance PLC....
...Many of THG’s freehold property assets have been transferred to companies controlled by Moulding through Guernsey-domiciled Moulding Capital Ltd (MCL)....
...generated truncations of Liberty France Aluminium Holdco Ltd”....
...CLOs work by passing repayments on risky loans through to bond and equity investors....
...With net cash and plenty of free cash flow (at the holdco level), finances are humming nicely. Electric vehicles could put an end to that....
...Never mind the revamped organisational structure that is now multi-layered, spreading assets and liabilities around holdcos and opcos. Chief executive Will Randall remains in place....
...Ownership of its operating companies is split between the two listed holdcos....
...And it was by tractor-bus that we travelled from the shore up to to our lodgings at the Clos Princess B&B for an extraordinarily peaceful rest....
...a share, or the equivalent in shares from New Holdco....
...Apollo made its name as a sophisticated debt investor; it has every conceivable credit expertise, from senior loans, through to CLOs and BDCs, to mezzanine debt and high-yield bonds....
...and portfolio manager at Toro Ltd....
....; Teva Pharmaceuticals USA; Actavis Holdco U.S., Inc.; Actavis Pharma, Inc.; Ascend Laboratories, LLC; Apotex Corp.; Dr....
...The cleaner investment proposition of the opco would have been achieved at the cost of creating a messy holdco....
...In the run-up to Christmas 10 new companies were incorporated and registered to the GIB’s London offices, including Galloper Holdco Ltd, Rampion Holdco Ltd and WMR Holdco Ltd....
...Dom du Clos Salomon, Premier Cru 2015 Montagny 13%£23-£25 Richard Kihl Ltd, Suffolk A superlative producer in an appellation that does not always deliver fireworks....
...He has long been a favourite with, among others, Paul-Vincent Avril at Clos des Papes, arguably the most admired Châteauneuf property and one that he has represented for decades....
...Street execs including Deutsche Bank’s former head of asset and wealth management Michele Faissola, will acquire CIFC, having secured the capital backing for the acquisition from Supreme Universal Holdings Ltd...
...Any step up in BoJ asset purchases, however, could increase USD funding costs and make the carry position on US assets (like CLOs) less appealing....
...The stoppage of this CLO “assembly line” is also pushing private equity groups and their banks to consider using more private debt to get deals done....
...The rules will force CLO managers to hold on to 5 per cent of the economic interest of underlying securities of the CLO. This should force them to choose loans more carefully....
...Consulting Engineers Ltd Poppy Holdco Ltd t/a Phase Eight Porvair Filtration Group Ltd PpTek Ltd Premier Exports London Ltd President Engineering Group Ltd Pricecheck Toiletries Ltd Primeast Ltd...
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