Reverse flex makes a comeback as funds lap up SIG
A $1.5bn debt package backing acquisitions by food group SIG was reverse-flexed on Tuesday afternoon, the first time that pricing on a European leveraged finance deal has been cut during syndication since 2007.
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
