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...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
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...It had handled the issuing of most of Ant’s securities that were backed by its online loans. However, regulators have still not approved Ant’s application....
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...Separately, it paid a $25mn penalty to the CFPB related to private student loan servicing practices. “Capital One is a healthy, well-managed, well-capitalised bank....
...Private equity firms are also using margin loans to conjure cash....
...The media group emerged from receivership after six months in the hands of its lender Lloyds Banking Group after the family used cash provided by RedBird IMI to pay off its bad loans....
...PE firms already use NAV loans to fund dividends to investors or finance acquisitions, but are novel as a deleveraging tool....
...Byju’s had used loans and a war chest of more than $2bn, gathered from venture capital during the pandemic, to go on an acquisition spree, aiming to capitalise on the trend towards online learning and become...
...Investors clamoured for junk bonds and loans backing private equity groups’ acquisitions of financial technology company Worldpay and healthcare company Syneos Health....
...Smart reads Blurred lines Two of Abu Dhabi’s biggest banks have reported billions of dollars in loans in recent years tied to their boards that include high-profile royal family members, The Wall Street...
...funds and pensions that invest in their funds, or to finance acquisitions by portfolio companies....
...loans, consumer lending and so on....
...But one risk kept floating to the surface: the company Vista bought in 2012 and expanded through a number of acquisitions, including a $3.6bn deal in 2017 that led it to be rebranded Finastra, was struggling...
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