Aareal suffered rise in non-performing loans in final weeks of 2023
San Francisco-based bank is latest to push into space dominated by alternative money managers
Warburg Pincus and Centerbridge to invest $400mn in newly issued equity
Fresh offer seems certain to dislodge any remaining holdouts
Arm of collapsed German payments group acquired by holding company for undisclosed sum
The debt burden piled on breakdown company AA has cast a cloud over its future success
Breakdown group says its debt burden is ‘impediment to long-term success’
In the midst of a pandemic, anyone who owns aviation, hospitality or cruise ship businesses is fighting for survival
Private equity groups join forces to table bid for ailing state-owned German lender
Sale attracted some private equity interest but offers were well below $1.2bn target
New York-based Centerbridge Partners hold majority stake in ‘health-driven restaurant’
Buyout groups floating companies find a wary market
Some junk paper has fallen to prices where a few coupon payments could recoup the cost of the debt
Private equity and distressed debt groups are rushing into the sector
Restructuring plan would inject up to $7bn of equity into US utility
Struggling Indian wind power group to use proceeds to pay debt and boost domestic business
International Edition