Hints and tips:
...Richard Zogheb, the global head of debt capital markets at Citigroup, said: “A lot of sponsors are looking at private credit as a mini bridge — [saying] ‘let me put this private credit deal in place and...
...The transaction comes at a difficult time for commercial property investors....
...The Indian Navy took the survivors of the attack to Djibouti, where the injured were taken to hospital....
...These types of firms also became the only option when overleveraged companies needed to refinance their debt, à la Finastra and KKR-backed veterinary hospital operator PetVet....
...Refinancing maturing LBO debt is another factor in the growth of private credit, as suggested by news that KKR is looking to replace $3bn of expiring loans at its PetVet vet hospital business....
...In its latest legal salvo, BCC has homed in on a fee Greensill charged a company called Catfoss that was engaged in building projects for NHS hospitals in England....
...Pimco, then a large existing creditor at Envision, swapped its existing loan to that company for a junior loan stake in AmSurg. Envision also raised cash from a new loan at the time....
...The award comes at a pivotal moment for Envision, which last month missed a payment on its debt and has hired restructuring advisers to manage the burden of borrowings it incurred as part of a $9.9bn buyout...
...The US hospital staffing company Envision Healthcare, owned by the private equity firm KKR, has the lowest possible junk-grade credit rating and is at risk of bankruptcy, according to Moody’s....
...Shortages of labour and protective equipment have eaten away at profits. Lockdowns in the UK and Europe have been less restrictive. Ramsay’s hospitals in those regions have performed better....
...It stressed talks were at a preliminary stage and neither party had reached a final decision. Ramsay has more than 500 hospitals worldwide, including 34 in the UK....
...Kelly Lee Owens’s LP.8 throws a curveball at this tricky target. The Welsh electronic musician begins her new album with “Release”, a provocative opener that’s attention-grabbing but also maddening....
...The tip land is also the final resting place of Peter, a caisson horse that pulled the caskets of fallen soldiers at Arlington National Cemetery....
...focused on corporate takeovers, could not always afford to purchase on their own some of the companies they considered attractive targets — such as hotelier Hilton, utility TXU, retailer Toys “R” Us, and hospital...
...Some doctors are alarmed at the situation, however, and are pushing the American College of Emergency Physicians to conduct more research into patient outcomes at hospitals staffed by private equity-run...
...At The Firehouse, 20 flats in a converted Arts and Crafts style fire station are now priced from £730,000; at 21 Belsize Lane, an upscale recent block of 10 apartments, prices start at£1.2mn....
...Smart reads The (private equity-backed) doctor is in Buyout firms have been scooping up hospitals at a record pace, the ethics of which are subject to debate. The middleman in many of these deals?...
...Games to hospital administrators at Envision Healthcare and machinists at industrial businesses scattered throughout the Midwest....
...Craig McNally, chief executive of Ramsay, said it aimed to be the “go-to provider” in the £5.8bn UK private hospital market....
...Jahn will co-ordinate their efforts from her office in Arlington....
...During a hectic period, KKR struck deals for French hospitals company Elsan, Spanish telecoms operator MasMovil, and US cosmetics maker Coty....
...This values the UK infrastructure group at £2bn. Governments deploy private investors to build, maintain and run everything from roads to hospitals....
...The building was “set up to be a hospital wing, not suitable for residential at all,” said RiseBoro chief executive Scott Short....
...It was one of the biggest beneficiaries of Britain’s private finance initiative, which was set up to build roads, hospitals and schools while keeping the cost off the government’s balance sheet....
...In the UK, it has been one of the biggest beneficiaries of private finance initiative deals used to build hospitals, roads and schools....
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