Osprey Capital Partners Inc. hired Paris Aden, a former mergers-and-acquisitions director at Royal Bank of Canada’s RBC Capital Markets unit, as a partner, according to Vlaad & Co., a Toronto-based financial services recruiting firm.
Vivarte SAS Chairman Marc Lelandais is asking banks to waive terms governing almost 2.8 billion euros ($3.8 billion) of debt as the French fashion retailer confronts slowing sales amid a sputtering economic recovery.
Nine Entertainment Co. shares fell 3.4 percent on their stock market debut, almost 14 months after U.S. funds Apollo Global Management LLC and Oaktree Capital Group LLC took control of the broadcaster in a debt-for-equity swap.
Private-equity firms bidding for Forstmann Little & Co.’s talent agency IMG Worldwide Inc. are disagreeing with the earnings projection Forstmann has provided for this year, a week before final bids are due, three people with knowledge of the matter said.
Valeant Pharmaceuticals International Inc. is seeking to refinance about $5.7 billion of loans, while Samson Investment Co. and Hillman Group Inc. are asking lenders to cut the cost of their bank debt.
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.