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RiskMetrics is set to price soon. And the underwriters--led by Credit Suisse, Goldman Sachs and Banc of America Securities--couldn't have picked a better time. You heard me. Now is a good time,... Read more...
Obviously, it's a punishing time to go public if you're a private equity firm or hedge fund. The most recent floats have not lit up the world. The Blackstone Group has yet to recover its IPO price.... Read more...
It seems like a tough time for an investment banks to go public. Indeed, Duff & Phelps before it began trading last week was forced to scale back its early plans. However, the sale went off and... Read more...
Financial News Online notes that recent placement of $1 billion in debt of Allison Transmission carried a rare, favored nation provision, which forbids the underwriters, which include Citigroup and... Read more...
There was a lot of speculation and conflicting media reports about whether Apollo would go public. Well, its already publicly traded closed-end investment fund announced this morning that it will... Read more...
The Chrysler experience suggests that the credit markets are not all doom and gloom right now. A $6 billion leveraged loan to Chrysler was finally syndicated this week, after a lot of angst. It went... Read more...