Spotlight glares on Imperial as market looks for signs of fear

16 Aug 2007

Signs of credit problems spreading into the investment grade loan market appeared this week as bankers suggested Imperial Tobacco’s jumbo facility was having a bumpy ride in sub-underwriting.

Bookrunners for the £9.2bn equivalent multicurrency deal launched the sub-underwriting stage on July 20. EuroWeek understands that seven of the 16 ...

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