Leveraged Loans - All Articles


  • Unitranche backs two mid-cap LBOs

    Alcentra has provided unitranche financing for the buyout of two European companies, as it continues its drive to lend to European midcaps.

    • 31 Jan 2014
  • Ardagh unveils new debt for Verallia buyout

    Ardagh Group has set out a new plan to finance its acquisition of Saint-Gobain's subsidiary Verallia North America, after a delay in winning approval for the deal forced it to cancel the first financing.

    • 31 Jan 2014
  • Leveraged loans — news in brief, January 31, 2014

    Patheon cuts margins - Bureau van Dijk launches refi - Scout24 trims €50m off LBO debt

    • 31 Jan 2014
  • Ziggo in market for biggest term loan ‘B' since financial crisis

    Dutch cable operator Ziggo has launched a €3.7bn-equivalent term loan ‘B’ to back its takeover by US counterpart Liberty Global, in a deal which bankers have called the largest leveraged loan to rely on institutional investors since the financial crisis.

    • 31 Jan 2014
  • FMG closes senior stage of M&A loan

    Germany's Funke Mediengruppe has closed the senior syndication of €980m of loans supporting its acquisition of newspaper and magazine assets from fellow publisher Axel Springer.

    • 31 Jan 2014
  • Scout24 trims €50m off loan after sale of Swiss websites

    Scout24, the German online directories and listings company, has reduced the size of its €645m term loan ‘B’ by €50m, after selling its Swiss business to e-commerce firm Ringier Digital.

    • 30 Jan 2014
  • Astra Sedaya picks 11 banks for $500m

    Astra Sedaya Finance has picked a group of 11 banks to arrange its $500m three year financing, tentatively scheduled to launch into syndication in mid-February.

    • 30 Jan 2014
  • Formosa heats up market with $700m five year

    Formosa Plastics Group has launched a $700m five year loan into syndication, and has quickly hit the radars of Taiwanese bankers by offering a margin of 200bp over dollar Libor.

    • 30 Jan 2014
  • Pakistan closes loan at $172.5m with nine

    Bankers working on the Ministry of Finance of the Islamic Republic of Pakistan’s loan have wrapped up syndication at a final deal size of $172.5m.

    • 30 Jan 2014
  • ONGC Videsh seeks new $725m acquisition loan

    ONGC Videsh, the international arm of Oil and Natural Gas Corp, is seeking a new $725m one year bridge loan, with a group of seven to nine banks expected to win the mandate.

    • 30 Jan 2014
  • Geo Energy, Savu drill for Singapore dollars

    Singapore-based Geo Energy Resources and Savu Investments have launched their respective Singapore dollar loans into syndication. While the former is making its debut in the loan market, the latter is returning after a six year absence.

    • 30 Jan 2014
  • LMA to produce template docs for European PPs

    The Loan Market Association has formed a working party to produce a template document for use in European private placement transactions.

    • 29 Jan 2014
  • Unitranche backs PE buyout of Impetus Waste Management

    Alcentra has provided debt backing the acquisition of the UK’s Impetus Waste Management by Agilitas Partners and the company's management, as it continues its drive to lend to European midcaps.

    • 29 Jan 2014
  • Bureau van Dijk launches €670m of loans for refi and dividend

    Bureau van Dijk, the Belgian publisher of business intelligence, has launched a €670m loans package to refinance debt and fund a dividend to its private equity owner Charterhouse.

    • 29 Jan 2014
  • Bank meeting packed as Ziggo markets €3.7bn Liberty loan

    Potential investors flocked to Ziggo’s bank meetings on Tuesday, as the Dutch cable company began to market a €3.735bn-equivalent eight year term loan ‘B’.

    • 29 Jan 2014
  • In the club: Citic Pacific seeks $300m refi

    Citic Pacific is in the market for a loan of around $300m, with lenders now busy processing their credit approvals, according to a banker.

    • 28 Jan 2014
  • Alliance grows as five join $120m loan

    Five banks have made firm commitments to agribusiness Alliance International Development Corp’s loan of $120m, with the lead now hoping to wrap up the deal after the Chinese New Year break.

    • 27 Jan 2014
  • All eyes on pricing as TCCI launches $1bn RFP

    Taiwan Cement Corp International Limited (TCCI), the Hong Kong subsidiary of Taiwan’s largest cement manufacturer, has created a rush of excitement among bankers thanks to its request for proposals for a $1bn loan. The size of the deal has prompted bankers to claim it could be a game changer for the pricing of loans, not only in Taiwan, but across Asia, writes Rashmi Kumar.

    • 24 Jan 2014
  • Navigat, Malakoff power up southeast Asia

    Power companies Navigat Energy and Malakoff Corp have launched their respective loans into general syndication, providing the first set of deals to emerge from the Indonesian and Malaysian markets this year.

    • 24 Jan 2014