Loan pricing slumps again as Volkswagen and Schlumberger refis push boundaries
Aggressive margins on refinancings launched by Volkswagen and Schlumberger this week have left bankers in Europe fretting that borrowers have resumed demanding ever tighter prices. Bankers noted the irony of the deals emerging in the same week as Greece drove volatility in many other markets to fever pitch.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast