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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
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ING Alternative Asset Management is planning to raise its fourth collateralized loan obligation this year, the $412.75 million ING IM CLO 2012-4.
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Nigel Pavey, who left Barclays’ syndicated loans team in October last year, has rejoined the bank’s corporate division as part of the mis-selling investigations team.
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Michael Legeland, head of DCM loans Germany at Commerzbank in Germany, will retire at the end of the year after four decades associated with the bank.
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A weekly roundup of securitization sectors with year-to-date totals in ABS, CMBS, RMBS and CLOs in the U.S. and Europe.
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Advent International will finance its buyout of German retailer Douglas Group with a senior loan and mezzanine financing of around €800m, according to bankers close to the deal.
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Saudi Arabian food group Savola has increased its share in Almarai Company, another Saudi food and drinks producer, after paying Sr2bn ($533m) to increase its stake in the firm from 29.95% to 36.52%.