Siemens eyes 35bp as pricing plateaus in loan market

Despite widespread predictions of a steady increase in margins this year, the investment grade loan market is stubbornly resisting calls to price deals higher.

  • 03 Feb 2012
Pricing at the top end of the market remains stuck at levels set in the final months of 2011, with German engineering firm Siemens (A1/A+/A+) talking to its lenders about a facility priced at just 35bp."It seems that pricing for strong investment grade credit with a sizeable ancillary ...

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