Barclays
-
Busy Bee, the UK nursery and early education provider for under-fives, was aiming to allocate its £210m refinancing loan by Thursday afternoon, with pricing tight but not too aggressive. -
-
Leveraged loan investors in Europe and the US are bracing themselves for a tough second quarter of borrowers aggressively trying to cut margins on their loans, writes Ross Lancaster.
-
Time Warner is the latest of several investment grade US companies to have hired banks for a euro bond recently, despite the high cost of swapping euro bond proceeds into dollars.
-
Spanish hotel chain NH Hotels was set to sell on Thursday €200m of senior secured notes with initial price talk of 4.25%-4.5%, part of an aggressive debt reduction strategy.
-
Busy Bee, the UK nursery and early education provider for under-fives, aims to allocate its £210m refinancing loan by Thursday afternoon, with pricing tight but not too aggressive.
-
Petra Diamond, the mining group that is headquartered in Jersey but has operations in South Africa, Tanzania and Botswana, is meeting investors in London and the US in preparation to print a $300m five year non-call two bond.
-
Li Ka-shing’s Cheung Kong Property is scheduled to sign its reorganisation loan at a reduced size of HK$40bn ($5.16bn) with 28 lenders. The trade, which started out at HK$55bn, was heavily oversubscribed as 28 banks piled in with commitments of at least HK$5bn each.
-
The Export-Import Bank of Korea (Kexim) returned the Hong Kong dollar market this week providing a rare source of issuer diversification in a deal that was priced through a bookbuilding process.
-
Italian construction company Società Italiana per Condotte d’Acqua aims to price its first bond, €300m of senior unsecured notes, next week.
-
Dong Energy became the latest in a string of companies to refinance hybrid capital bonds this year, when it issued a €600m 1,000 year non-call 5.5 deal on Wednesday.
-
Portugal priced an oversubscribed dual tranche benchmark on Wednesday afternoon, executing the deal during a sell-off in Europe’s periphery.
