Top Section/Ad
Top Section/Ad
Most recent
High yield investors nibble at IG names, as credit investors brace for ‘trillions’ unlocked from money market funds
Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
Embattled utility asks judge to approve £3bn lifeline as creditor groups keep fighting
More articles/Ad
More articles/Ad
More articles
-
TDR Capital is injecting £100m in equity and a £250m payment-in-kind financing to recapitalise gym chain David Lloyd Leisure, as part of a broad-based refinancing including the firm’s first public high yield bond issue. Barclays, which has done most of TDR's recent deals, is running the £900m-equivalent bond, announced on Tuesday morning. -
Two Chinese real estate borrowers, Agile Group Holdings and Datang Group Holdings, hit the dollar debt market on Monday.
-
Tottenham Hotspur FC has raised a further £250m of US private placements, to pay off Bank of England loans signed during the coronavirus pandemic.
-
Hong Kong property company New World Development Co sold a perpetual bond this week, raising $1.2bn to fund a tender offer for a fixed-for-life deal.
-
Times China Holdings, Yango Group and Greenland Hong Kong Holdings, all of which are real estate developers, raised $840m between them from the bond market on Thursday, continuing a recent revival in issuance from the sector.
-
Adler Pelzer has finally priced a €75m mirror note, replicating the terms of its 4.125% 2024s, with BNP Paribas as sole global co-ordinator. JP Morgan, the original gloco, first announced the deal two weeks earlier, an extraordinarily long syndication process for a tiny bond from an established issuer — and an indication, alongside the eventual 92.50 price, that selling the issue was a challenge.
