Home NPLs

NPLs

Edelweiss targets $296m for distressed debt fund

The biggest asset restructuring company in India plans to raise capital via its alternative asset investment manager for a domestic vehicle investing in distressed assets.

Oaktree’s board battle with Ranger nears a conclusion

The direct lending fund manager is buried by $700,000 in legal fees and looming scepticism over its ability to wind down .

Improving performance

Despite political turmoil, NPL levels are coming down in Europe.

Looking for top gear

The banks are fighting back in Italy, but favourable regulation and opportunities to lend to companies with intangible assets means debt funds are seeing more business than ever. Claire Coe Smith reports

Bain Capital buys €1.5bn of Greek NPLs

The sale by Piraeus Bank is the first major property-backed deal in the country amid pressure from the ECB to bring loan portfolios to the market.

Distressed & special sits report: NPLs in China

Regulatory change is putting China’s non-performing loan portfolios in the spotlight, but managers looking to service these loans may find it challenging,

Cerberus to buy NPL portfolio from AIB

The US debt investor will buy loans at a discount in the controversial sale.

The shape of shipping

The shipping industry has suffered through the difficult post-crisis years, but as the global economy picks up, banks may not be ready to finance its recovery. John Bakie reports

EU to encourage secondary market for NPLs

A Europe-wide secondary market is seen as a key part of helping banks deal with their NPL woes.

Apollo joint venture to target stressed and distressed debt in Italy

Reforms to bankruptcy law and banking are seen as major positives to enter the Italian market.

Copyright PEI Media

Not for publication, email or dissemination