Blackstone Group LP, the world’s biggest private-equity firm, priced the largest collateralized loan obligation in Europe this year after it increased the deal by almost 50 percent to meet investor demand.
Bidders including Blackstone Group LP and Goldman Sachs Group Inc. dropped out of an auction of 1,458 rental homes in Spain, leaving the properties unsold, two people with knowledge of the matter said.
United Biscuits, owner of McVitie’s and Jacob’s snacks brands, began raising 725 million pounds ($1.1 billion) of senior loans to replace its debt facilities after selling its KP Snacks unit earlier this year.
Mivisa Group, the Spanish food-can maker partly owned by Blackstone Group LP, got lenders to agree to a 145 million-euro ($187 million) loan to pay its owner a dividend, according to three people familiar with the matter.
W&G Investments Plc, the investment vehicle led by former Tesco Plc Finance Director Andrew Higginson, plans to make a bid of as much as 1.5 billion pounds ($2.4 billion) for Royal Bank of Scotland Group Plc branches.
Ma Sin-chi, a Deutsche Bank AG managing director in Hong Kong, was charged with accepting HK$24.8 million ($3.2 million) in bribes in exchange for advice on the trading of derivative warrants issued by the bank.
Irving Picard, the trustee overseeing the bankruptcy of Bernard Madoff’s investment firm, spent $26.9 million in the six months ended Sept. 30 while recovering $849,000 for victims of Madoff’s Ponzi scheme, according to a report filed in Manhattan federal court.