Hints and tips:
...Evergrande has hired US firm Houlihan Lokey and law firm Sidley Austin to represent it in its talks over the offshore restructuring....
...Additional reporting by Daniel Thomas and Mark Vandevelde...
...Houlihan Lokey has named Jonathan Jameson as a managing director in its private funds group, based in New York. He joins from GCA Advisors, which was acquired by Houlihan in 2021....
...“We have constantly been thinking the wave will break but there has been a long period of low levels of defaults,” says Peter Marshall, co-head of European restructuring at investment bank Houlihan Lokey...
...Credit Suisse’s head of leveraged finance Julia Perroni has joined Houlihan Lokey as a managing director in its capital markets group, based in Paris....
...Houlihan Lokey has hired David Kelnar to lead European equity private placements in London. He joins from Numis....
...Houlihan Lokey has hired KPMG’s Andrew Ziegler as a managing director in New York. Andy Kuo has joined Credit Suisse’s wealth management unit in Singapore from UBS Taipei....
...Bondholders at telecoms group Veon, in which LetterOne has a 47 per cent stake, have separately appointed Houlihan Lokey to act as an adviser....
...The company said it had hired financial adviser Houlihan Lokey, which is also advising Evergrande....
...He was previously a managing director at Houlihan Lokey....
...PE 2.0 Private equity used to abide by a simple formula, writes the FT’s Helen Thomas: buy, fix, sell....
...Kaisa this week said it was in talks with bondholders on a restructuring plan and that it had hired as an adviser investment bank Houlihan Lokey, which is also acting for Evergrande....
...Barclays has hired Roy Kabla, a senior banker in Houlihan Lokey’s tech, media and telecoms business, as head of its media and entertainment unit in New York....
...The company has hired US investment bank Houlihan Lokey to advise it but has yet to make any announcement on the matter of its offshore bond payments....
...The company said it had hired Houlihan Lokey and Admiralty Harbour Capital to evaluate its liquidity and “explore all feasible solutions” to ease its mounting debt crisis....
...Houlihan Lokey has hired Rouzbeh Fazlinejad as a managing director of its oil and gas team in Dubai, marking the investment bank’s industry group in the Middle East....
...Houlihan Lokey and Kirkland & Ellis are advising PizzaExpress. PizzaExpress declined to comment. Hony Capital could not be reached for comment....
...Houlihan Lokey has added five advisory professionals, led by Tim Leach, through the acquisition of boutique advisory firm Baylor Klein....
...Either way, BT needs a strong chair to handle its new shareholders, writes the FT’s Helen Thomas....
...Lazard is advising on the sales process; Houlihan Lokey is advising on the debt restructuring....
...In April, a separate investigation by Houlihan Lokey and Kroll found £1.3bn of net debt in Finablr’s accounts, about four times more than previously disclosed....
...Houlihan Lokey and Kirkland & Ellis are advising PizzaExpress. PizzaExpress declined to comment. Hony could not be reached for comment....
...Peter Marshall, managing director at Houlihan Lokey, an investment bank, said there was a feeling of the calm before the storm....
...Virgin Atlantic on Friday told the FT it had this week appointed the investment bank Houlihan Lokey to assist the process of securing private sector funding....
...“The reality is that auto stocks across Europe are getting hit as plants close and both supply and demand are going to be hit severely in the coming weeks,” said Thomas Besson, analyst at Kepler Cheuvreux...
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