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Deal could include $950m of bonds
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
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An international consortium is seeking a $275m loan to support its acquisition of DuPont Clean Technologies. -
The head of US CLO structuring at Barclays, Eric Glyck, has resigned to join Octagon Credit Investors, according to people familiar with the matter.
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Though deals are not coming in thick and fast, a prospective issue from Altice International will keep the high yield market busy for the first few days of this week.
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Bank of America has hired Uday Malhotra back from Goldman Sachs as head of leveraged finance origination in EMEA in London, while Eddie Martin, a managing director in the division, is relocating to the US.
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Spanish waste management company Urbaser has postponed a €1.63bn prospective term loan ‘B’, with sources close to the deal blaming summer fatigue.
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Chinese online travel agency Tongcheng-Elong Holdings is making its debut in the offshore loan market for $200m.
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