KKR and backers lose more than €1bn in pandemic-era bet on Raleigh bikemaker
US private equity firm agrees to hand remaining stake in Accell to Dutch group’s lenders after latest debt restructuring
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First Brands at breaking point as it scrambles to avoid liquidation
The company is relying on a $48mn infusion from automakers to continue operating
KKR to invest $1.5bn into European data centre business
US private capital group’s investment into Global Technical Realty comes alongside $400mn from Oak Hill Capital
First Brands financier Raistone prepares wind-down
Firm was heavily dependent on fees earned from deals for bankrupt auto-parts supplier
Private credit firms sell debt to themselves at record rate
Private lenders struck continuation deals worth $15bn last year to generate cash amid deal drought
KKR to buy sports investment group Arctos for $1.4bn
The acquisition will also propel the private capital firm into so-called secondaries investments
First Brands debt plunges as worries mount over US car parts group
Loans trade at distressed levels after ‘chaotic’ selling as investors brace for tricky restructuring