Last week, we tracked over 100 tech funding deals worth over €1.9 billion, and over 20 exits, M&A transactions, rumours, and related news stories across Europe.
One deal that should stand out in particular is ThinCats's £696 million in a warehouse facility which is leveraging a historically risky mechanism, collateralised debt obligation (CDO). This financial instrument first appeared in the public eye back in the late 1980's via the now-defunct investment bank Drexel Burnham Lambert, and powered by senior executive Michael Milken, then and now affectionately known as the "junk bond king". Milken was eventually indicted for racketeering and securities fraud in 1989.
With this deal, an any number of the associated bigger funding rounds we've been tracking, many of you have already started asking about our newly revamped monthly reports, and we're publishing up the publishing date to the 29th.
If you are a member of Tech.eu Insights, you can log in to access the full article.
Would you like to write the first comment?
Login to post comments