Bank of America Merrill Lynch related stories
All articles and analysis
Helix nabs Rivett from Credit SuisseHelix Associates, the private equity placement agent division of Jefferies Investment Bank, has hired the former co-head of Credit Suisse’s Private Fund Group, Robert Rivett, as well as Stephen Gray, former managing director at corporate advisory firm Henniker River Advisors.
- KKR in talks with banks for First Data deal(2)
KKR is reportedly unlikely to yield much on debt terms.
- HD Supply sale price cut to $8.5bn(3)
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
- UTAC deal will bring tears to bankers' eyes
Affinity Equity Partners and TPG Capital have won shareholder approval for the buyout of Singapore-listed United Testing and Assembly Centre with a covenant-lite loan likely to cause bankers pain.
- HD Supply sale price cut to $8.5bn(2)
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
- HD Supply sale price cut to $8.5bn
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
- Why First Data matters
KKR’s negotiations with underwriters of the First Data deal -- the second such mega deal for which banks have had difficulty syndicating the debt -- will be a harbinger of things to come, says Dechert attorney Scott Zimmerman.
- Blackstone to make $500m pharma investment(3)
Set to bolster its pharmaceuticals portfolio, Blackstone has agreed to make a $500 million minority investment in Florida-based Stiefel Laboratories.
- Wall Street giants launch second private trading platform
As Apollo Management reportedly prepares to raise capital via Goldman Sachs’ new private trading platform, five of the bank’s biggest competitors have launched a rival offering - one day before a NASDAQ version is due to begin operations.
- Banks syndicate $10bn of First Data debt
The banks underwriting KKR’s First Data deal have syndicated more than half the LBO’s $17 billion debt component, while HSBC has opted to hold on to a larger portion of senior debt than its peers.