KKR opens European repricings amid hot US market

tight pricing
By Max Bower
12 Jan 2017

Two KKR backed firms have brought the first European leveraged loan market repricings of the year, picking up on a trend that is already in full swing in the US this year.

French call-centre operator Webhelp held a lender call earlier this week for a repricing on its €560m seven year term loan ‘B’, signed last January, from 550bp over Euribor to 450bp-475bp, offered at 99.75 with a 0% floor.

In addition, the firm is seeking a €50m add-on ...

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