Top stories

  • Ocean crossing to pay off for Quintiles blowout

    US pharma research firm Quintiles IMS Holdings printed on Thursday a new €1.4bn high yield bond, proving that European high yield investors are embracing the train of US issuers printing in euros.

    • 01:45 PM

  • Nokia breaks HY drought as Bakkavor quits

    Finnish technology company Nokia is set to become the first European company to issue a euro high yield bond for four weeks. Meanwhile, UK food producer Bakkavor will repay all its notes.

    • 03:30 PM
  • A&O poaches Paul's partners

    Allen & Overy has hired three partners from Paul Hastings to its leveraged finance practice.

    • 01:15 PM
  • Apcoa revs €325m refi loan to 450bp

    Pan-European car park operator Apcoa has released price guidance at 450bp with a 0% floor on its €325m seven year term loan ‘B’, a deal that follows a restructuring in 2015 that led to distressed debt investor Centerbridge taking over the firm.

    • 12:00 PM
  • Quintiles IMS lines up $3bn loan refinancing

    US healthcare research firm Quintiles IMS launched a $3.065bn-equivalent term loan ‘B’ refinancing and add-on this week, adding at least €250m of new paper to the European leveraged loan market.

    • 22 Feb 2017
  • CVC shops for Żabka Polska at Mid Europa

    CVC has agreed to buy Polish retailer Żabka Polska from Mid Europa Partners, in what the latter says is the largest private equity exit in Poland to date.

    • 21 Feb 2017
  • Levi Strauss adopts refi fashion in euro high yield

    Jeanswear maker Levi Strauss priced on Thursday a new refinancing deal in euros, having been absent from the European high yield bond market for seven years.

    • 03:00 PM
  • Hot CLO, loan markets prompt GSO/Blackstone loan fund raise

    Investor demand for exposure to global loan and CLO products has prompted GSO/Blackstone’s listed Loan Financing Fund, which invests in US and European senior secured loans both directly and through CLO debt, to plan a new share issue.

    • 21 Feb 2017
  • JP Morgan: bond investors should take profits now

    Bond spreads now only provide marginal compensation for political risk to investors, JP Morgan said on Monday, with the largest ever outflow from European investment grade retail funds last week.

    • 20 Feb 2017
  • Ethypharm guides acquisition loan, Global Blue to close

    French pharmaceuticals firm Ethypharm has released price guidance on its £152m six year cov-lite term loan ‘B’, backing its acquisition of UK-based Martindale Pharma.

    • 20 Feb 2017

High Yield priced deals database

DateIssuerMaturityCur.SizeCoupon
15-Feb-17Jerrold FinCo plc 15-Jan-24£2006.125%
09-Feb-17Horizon Parent Holding15-Feb-223508.25%
09-Feb-17Mercury Bondco plc 30-May-216007.125
08-Feb-17ContourGlobal Power Holdings SA 15-Jun-211005.125%
07-Feb-17Hapag-Lloyd AG 01-Feb-222006.75%


Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Feb 2017
1 JPMorgan 1,555.65 4 10.62%
2 Scotiabank 1,078.68 3 7.37%
3 BNP Paribas 964.36 3 6.59%
4 Goldman Sachs 935.56 3 6.39%
5 Bank of America Merrill Lynch 928.68 2 6.34%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 Credit Suisse 1,052.39 15 9.44%
2 Deutsche Bank 975.14 10 8.75%
3 Bank of America Merrill Lynch 875.05 8 7.85%
4 Citi 847.97 7 7.61%
5 HSBC 818.64 12 7.34%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Feb 2017
1 JPMorgan 1,555.65 4 10.62%
2 Scotiabank 1,078.68 3 7.37%
3 BNP Paribas 964.36 3 6.59%
4 Goldman Sachs 935.56 3 6.39%
5 Bank of America Merrill Lynch 928.68 2 6.34%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 Credit Suisse 1,052.39 15 9.44%
2 Deutsche Bank 975.14 10 8.75%
3 Bank of America Merrill Lynch 875.05 8 7.85%
4 Citi 847.97 7 7.61%
5 HSBC 818.64 12 7.34%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Feb 2017
1 JPMorgan 5,718.36 39 11.74%
2 Bank of America Merrill Lynch 4,411.34 37 9.06%
3 Credit Suisse 3,673.68 24 7.54%
4 Citi 3,657.00 24 7.51%
5 Jefferies LLC 3,166.33 8 6.50%