Top Section/Ad
Top Section/Ad
Most recent
BWICs spike and spreads widen but market remains constructive
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
Dasha Sobornova joins from Akin Gump with experience across asset classes
Trade body for levfin investors turns to leading rating analyst
More articles/Ad
More articles/Ad
More articles
-
Abu Dhabi National Energy Co (Taqa) has managed to cut the price it pays for three and five year money as the firm enters the final stages for a $2bn-equivalent revolving credit facility.
-
Studio City, the latest Macau development from Melco Crown Entertainment, is looking for demand for around $400m of its jumbo loan. The first stage of its financing plan — an $825m bond essential to the loan funding — was executed despite a difficult market last week.
-
Dutch cable operator UPC has refinanced its $500m dollar-denominated term loan ‘AB’ with a new facility, a term loan ‘AF’, slicing 50bp off its margin and 25bp off the tranche’s Libor floor.
-
Leveraged credit and mezzanine fund manager Intermediate Capital Group (ICG) reported a 64% drop in pre-tax profit for the six months ending September 2012, as the group’s results were hit by provisions against two assets whose debt is being restructured.
-
Turkey’s Garanti is signing its $1.1bn-equiavalent refinancing loan on Thursday after the borrower scaled back lender commitments.
-
Predictions of slow economic growth in 2013 have sparked concern among managers of collateralized loan obligations that one of the main supply lines for leveraged loan assets—private equity activity—may thin out next year, stifling the ability of managers to ramp up portfolios large enough to come to market with deals.
