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Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...

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Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...
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Mergermarket | mergermarkket.blogspot.com Reviews

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Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...

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1

Mergermarket: August 2010

http://mergermarkket.blogspot.com/2010_08_01_archive.html

Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...

2

Mergermarket: Ameren shopping 5,000 MW unregulated power plant portfolio

http://mergermarkket.blogspot.com/2010/08/ameren-shopping-5000-mw-unregulated.html

Sunday, August 29, 2010. Ameren shopping 5,000 MW unregulated power plant portfolio. Ameren Corporation (NYSE:AEE), the St. Louis, Missouri-based utility holding company, is quietly shopping its approximately 5,000 megawatt (MW) unregulated power plant portfolio, two sources familiar with the matter told mergermarket. The company is also working with JPMorgan on the sale, two of the sources said. A spokesperson at Ameren declined to comment, citing company policy, and calls to JPMorgan were not returned.

3

Mergermarket: Rank launches debt blitzkrieg

http://mergermarkket.blogspot.com/2010/08/rank-launches-debt-blitzkrieg.html

Sunday, August 29, 2010. Rank launches debt blitzkrieg. Few private equity shops have taken advantage – in every sense – of recovering capital markets with the abandon exhibited by Rank Group in the past year. 8220;This is completely outrageous,” one owner of Reynolds’ bonds told Debtwire. “They are effectively managing to [execute] this transaction with almost no equity. A typical LBO deal requires sponsors to put in around 25% equity.”. The sponsor launched its packaging blitzkrieg in October last year...

4

Mergermarket: mergermarket- Lehman old guard uses bankroll for real estate redemption

http://mergermarkket.blogspot.com/2010/08/mergermarket-lehman-old-guard-uses.html

Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...

5

Mergermarket: Mergermarket

http://mergermarkket.blogspot.com/2010/08/mergermarket.html

Sunday, August 29, 2010. Private equity heavyweight Leonard Green and Partners recently bought a USD 125m block of Fiesta Palms’ USD 380m revolving credit line in anticipation of a restructuring, three sources close to the situation told Debt wire. Fiesta Palms is the parent company of the Palms Resort and Casino, an ailing enterprise one-half mile off the Las Vegas strip. Leonard Green raised a USD 414m distressed debt fund in 2008, some of which was used to acquire depressed Clear Channel bonds, said a...

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Sunday, August 29, 2010. Mergermarket- Lehman old guard uses bankroll for real estate redemption. 8220;They have an opportunity to reinvest and create long-term value,” said Anthony Westreich, CEO at Monday Properties and a partner to a Lehman office property joint venture that underwent a recapitalization in June. Most banks remain reluctant to write down real estate exposure put on during the glut, but Lehman is willing to take haircuts when needed, and then deploy capital to salvage the underlying ass...

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