Mivisa, UPC, Ahlsell wrap up as A&E prospects dwindle for second quarter

28 Mar 2013

With the latest batch of amendments, repricings and add-ons in the leveraged loan market being completed this week before the Easter break, bankers expect even this source of activity to dry up early in the second quarter.

Pets at Home, Mivisa, UPC and WorldPay are amongst the many borrowers that completed LBO financing over the last two years and have taken advantage of the liquidity available in the market over the past few weeks to amend those facilities.

However, sponsors and bankers are running out ...

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