Top section
Top section
Deal rules and slow primary market make ramping up deals difficult
◆ Supranationals and agencies prepare to achieve the previously unthinkable ◆ Leveraged loans versus private credit and their effect on CLOs ◆ A new dawn for dollar covered bonds and UK equity market structure
◆ Schaeffler attracts €5.8bn peak book… ◆ …while SPIE finds €2.8bn of orders ◆ Strong demand allows for strong price moves
More articles
More articles
More articles
-
Credit investment manager THL Credit announced on Tuesday that it has begun using an environmental, social and governance (ESG) framework in its bank loan, high yield and CLO strategies. -
Citadel has cut its operation investing in European high yield, with the departure of one senior portfolio manager who first worked at the firm in 2003.
-
Moody’s slashed Ford’s rating from Baa3 to Ba1 on Monday, placing the company in precarious crossover territory, as the other agencies have the firm on negative outlook. Other falling angels may land in the junkyard soon.
-
Swedish credit management company Intrum this week completed a €850m issue of new senior notes, pricing at 3% and increasing the size of the offering from the initial €750m. UK-based gambling giant International Game Technology also dipped into the “most issuer-friendly market ever” with €500m bond.
-
Chinese home appliance retailer Suning.com is seeking a $500m term loan to support its acquisition of French supermarket company Carrefour’s mainland China business. Although there are doubts about Carrefour’s future operations, bankers are still keen to maintain a relationship with the borrower.
-
Wuhan Financial Holdings (Group) Co found an opportunity to return to the bond market with a $300m tap, getting strong support from its 10-member syndicate team.
Sub-sections
shared comment list
