A man is silhouetted against a video screen with an Facebook logo as he poses with an Dell laptop in this photo illustration taken in the central Bosnian town of Zenica
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peHUB Second Opinion

In Second Opinion, Facebook’s Q2 revenue jumps 61%, a review of Amazon’s Fire phone, why the Federal Reserve Bank of NY is really upset with Deutsche Bank again and Twitter releases diversity info.

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Buyout loan trends may reflect Fed, OCC disparities: TRLPC

Scrutiny by U.S. regulators is reshaping the leveraged loan market as bankers complain that the Office of the Comptroller of the Currency enforces leveraged lending guidance more stringently than the Federal Reserve, sister service Thomson Reuters Loan Pricing Corp reports.

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Merlin PE backers sell $615 mln stake – Reuters

Two of Merlin Entertainments‘ private equity backers sold 100 million shares in the British theme park owner for 366 million pounds ($615 million), writes Reuters. Plans to place the shares by CVC Capital Partners and Blackstone Group via Deutsche Bank and Morgan Stanley were announced after Thursday’s close.

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Banks face U.S. fines over LBO loans: Reuters

Wall Street banks are bracing for a clampdown and even fines if regulators determine they have violated guidelines aimed at stamping out reckless underwriting on leveraged buyout debt, according to Thomson Reuters International Financing Review and Thomson Reuters Loan Pricing Corp.

Ardian-backed Novacap completes refinancing

French chemicals group Novacap, which is backed by Ardian, has closed a refinancing on the high-yield bond market for 310 million euros. Also, the company has received a revolving credit facility of 65 million euros. Goldman Sachs was the lead bookrunner on the transaction with support from Deutsche Bank, BNP Paribas and Societe Generale.

SJF Ventures Raises $90M for Third Fund, Tripling Size of Prior Fund

SJF Ventures has held a final close on its $90 million for its third fund, raising more than three times the amount of its second fund, which totaled $28 million, the firm announced Thursday. Investors in the new fund include CitiDeutsche Bank, MetLife, Prudential Financial, Cambridge Associates, Mercer Consulting, and Trillium Asset Management, SJF said in a press release.

Reuters – Evonik Owners Say to Place More Shares Ahead of Listing

Investment banks Deutsche Bank and Mainfirst are placing up to 2 percent in German chemical company Evonik at a fixed price of 32.20 per share, writes Reuters. The shares will be sold exclusively to institutional investors ahead of a public listing planned for Thursday in a private placement on behalf of the RAG foundation, a public-sector trust that will bear the liabilities of Germany’s wound-down coal mines, and private equity group CVC.

Birchenough Jumps to Deutsche Bank from Credit Suisse

Don Birchenough is joining Deutsche Bank as a Managing Director and Americas Head of Media and Telecom Mergers & Acquisitions. He joins from Credit Suisse where he was most recently Co-Head of the Technology, Media and Telecom M&A group in the Americas.

Reuters – KKR Hires Deutsche Bank’s Raposio

US buyout firm KKR has hired Deutsche Bank‘s Diane Raposio as a director to work in its client coverage and capital markets teams in Australia, writes Reuters. The hire comes as private equity firms around Asia are expanding their debt product teams to fill a gap left by retreating European banks.

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