New deals trading up but OIDs here to stay
New LBO loans for Gruppo Coin, the O2 and Vitalia all traded above the original issue discounts (OID) at which they allocated this week, but bankers said that no deals were likely to clear the leveraged loan market this summer without sweetening the offer to investors.
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
