Debtwire Par has partnered with its sister product Mergermarket to produce an original and comprehensive overview of US buyout and LBO financing trends, including extensive advisory league tables for more insight into industry players. Among the main trends in the first half of 2019: Private equity buyout activity increased by value, while seeing significantly fewer deal announcements compared to the same period last year. Lender appetite was strong in 1H19, with leveraged loan issuance backing LBOs amounting to USD 75.7bn. The institutional.
Delta Merlin Dunia Textile's (DMDT) USD 300m bonds plummeted about 70 points last week, to the 30s, in reaction to Debtwire's 15 July report that parent Duniatex appointed AJCapital Advisory as a financial advisor for a possible debt restructuring and that a yarn spinning sister company missed an interest payment. The Duniatex Group is one of the largest integrated textile manufacturers in Indonesia. DMDT is the group's sole midstream weaving unit and is highly reliant on sister companies for both supply and sales, which is why the financial health.
KCA Deutag Alpha Limited (KCA), the Scotlandheadquartered oilfield services company, reported weak 1Q19 results on 23 May 2019, showing a year-on-year (YoY) fall in EBIT (down 53%) and EBITDA (down 1.9%), negative free cash flow (FCF) and higher LTM leverage.