Private equity firms are increasingly returning to the European high-yield debt markets to extract dividends from portfolio companies, as elevated volatility and a subdued exit environment continue to delay traditional monetisation routes such as M&A and IPOs, according to a report by Bloomberg.
Sponsor-backed borrowers including Brookfield Asset Management-linked REIT Befimmo, Lutech, and Cooper Consumer Health—the latter backed by a consortium including CVC Capital Partners—have recently e...
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