Neuberger Berman adds private placement credit team

Neuberger Berman has added five people to its fixed-income platform who will focus on private placement credit markets. The five-member team will be “fully integrated” with Neuberger Berman’s $201 billion fixed-income platform, “leveraging the firm’s broad research, risk and operational resources,” the release said. Neuberger Berman noted in the release that $57 billion of the firm’s […]

Platinum Equity to Wrap $4 Billion Sale: U.S. Credit Week Ahead

Platinum Equity is poised to headline a robust calendar next week with a $4 billion acquisition financing package. The private equity firm’s bond-and-loan deal comes as leveraged buyout funding activity picks up in both markets. The company is offering $2 billion in secured high-yield notes and a leveraged loan of the same amount to help […]