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
-
Luxembourg-based roofing materials group Monier has completed an amend and extend of its senior facilities, opening the way for an expected high yield bond issue to partially refinance its loans. More than 95% of lenders consented to the amendments, with over 90% also agreeing to extend their commitments to 2017.
-
Saudi construction company Al-Khodari Sons has agreed SR245m ($65.3m) of Islamic credit facilities with Al-Rajhi Bank. Al Khodari will use the money to provide bonding commitments, fund capital requirements and working capital needs for both specific projects and general businesses.
-
Salcomp, a Finnish manufacturer of mobile phone chargers, has signed a €47m multicurrency loan for general corporate and expansion purposes. Nordea was co-ordinator on the loan and will act as facility agent, while SEB was bookrunner.
-
Lenders have swarmed to Afreximbank’s blowout dual currency two year loan, with the borrower closing the facility at $631.6m-equivalent, well above the firm's $300m target. The borrower scaled lenders back in the dollar tranche.
-
Indonesia’s Tower Bersama launched its $325m loan into general syndication earlier this month, after getting blow-out demand from senior banks. Around 10 banks are now processing the deal, and considering joining with small commitments.
-
Analysts are calling April the biggest month for collateralized loan obligations since the financial crisis, with $4.2 billion in new deals hitting screens so far, according to research from Royal Bank of Scotland.
