.png){kind=logo}
GC Asia
Phillips-Van Heusen wraps up $1.96bn refi
Demand from bank and institutional investors has allowed US fashion group Phillips-Van Heusen to complete its $1.96bn trans-Atlantic loan refinancing at more favourable terms.
The borrower was able to increase the dollar denominated term loan ‘A’ by $40m to $640m, decreasing the more expensive term loan ‘B’ from $440m to $400m. The euro denominated loans remain at Eu87m for the ‘A’ tranche and Eu260m for the ‘B’ tranche.
Pricing on the US and ...Already a subscriber? Login
-
Latest news from Securitization
-
Benefit Street Partners prices last minute CLO reset
21 Jan 2021 -
ESG securitization: why CLOs are struggling to change colour
21 Jan 2021 -
Energy firms facing insolvency bank on ABS
21 Jan 2021 -
Cédulas spreads to tighten as asset quality weakens
21 Jan 2021 -
Moody’s rates first aircraft ABS in 10 years
20 Jan 2021
-
-
Latest news from Securitization
-
Benefit Street Partners prices last minute CLO reset
21 Jan 2021 -
ESG securitization: why CLOs are struggling to change colour
21 Jan 2021 -
Energy firms facing insolvency bank on ABS
21 Jan 2021 -
Cédulas spreads to tighten as asset quality weakens
21 Jan 2021 -
Moody’s rates first aircraft ABS in 10 years
20 Jan 2021
-
