Mon, 31 Oct 2016 21:08:52 GMT
Mon, 31 Oct 2016 04:26:55 GMT
SWFI First Read, October 31, 2016
- Sovereign Wealth Fund Institute
The Korea Investment Corporation (KIC) was part of a meeting with other Korean public institutional investors, including Korea Post, to discuss oversees private market opportunities. Ares Management and Cerberus Capital Management
were part of the ...
Sun, 30 Oct 2016 03:15:46 GMT
Cerberus rubberstamps Danske loan deal
- The Times (subscription)
The Sunday Times reported in August that agreement had been reached with Cerberus Capital Management
to dispose of hundreds of owner-occupier mortgages, buy-to-let loans and unsecured personal borrowings. Since then, customers have been ...
Fri, 28 Oct 2016 17:05:55 GMT
Cerberus to Finance ITT Tech Bankruptcy Cleanup
- Wall Street Journal
The bankruptcy trustee mopping up after the collapse of ITT Educational Services Inc. has lined up $6 million worth of financing for the cleanup effort. Loans are coming from finance affiliates of Cerberus Capital Management
, an existing lender to the ...
Fri, 28 Oct 2016 11:45:54 GMT
Deleveraging programme completed
- Structured Credit Investor (subscription)
... book of the group's former UK subsidiary, Capital
Home Loans. The residual book was transferred to Landsdowne in July 2015, following the sale of approximately 50% of the CHL portfolio and the associated legal entity - CHL - to an affiliate of ...
Fri, 28 Oct 2016 01:30:51 GMT
Permanent TSB sells last of UK loan book to Cerberus affiliate
- Irish Independent
Ptsb is selling £2.29bn (€2.56bn) worth of loans, which were held by its UK subsidiary Lansdowne 199, to an affiliate of Cerberus Capital Management
. Last year a Cerberus affiliate acquired around half of the CHL loan portfolio as well as the ...
Thu, 27 Oct 2016 16:03:20 GMT
Cerberus scoops up remaining CHL mortgages from PTSB
Cerberus scoops up remaining CHL mortgages from PTSB. US private equity giant Cerberus Capital Management
has bought the final £2.3bn portion of Permanent TSB's Capital Home Loans portfolio, adding further likely supply of UK RMBS to the pipeline.
Thu, 27 Oct 2016 10:20:32 GMT
PTSB sells UK loan book to complete EU deleveraging plan
- Reuters UK
The sale of the final 50 percent of Capital Home Loans' (CHL) mortgage portfolio, to Cerberus Capital Management
, completes an 8.4 billion euro deleveraging programme agreed with the EU and the proceeds will be used to reduce borrowings, the lender ...
Thu, 27 Oct 2016 07:51:57 GMT
Cerberus firm buys last of PTSB's British loans
- Sunday Business Post
Permanent TSB has agreed to sell its remaining loans in Britain to a company owned by investment fund Cerberus Capital Management
for £1.95 billion in cash. Under the deal, the bank is selling £2.29 billion worth of loans to Cerberus. A cerberus-linked ...
Thu, 27 Oct 2016 06:53:40 GMT
Permanent TSB completes €8.4bn deleveraging plan
- Irish Times
Permanent TSB has completed the last stage of its €8.4 billion deleveraging plan with the sale of the balance of its UK mortgage book to US-based Cerberus Capital Management
. The deal will involve a 15 per cent haircut on the £2.29 billion face value ...