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
-
Swedish/Danish postal company PostNord has signed a five year Skr2bn (€221m) revolving credit facility for general financial requirements. Danske Bank, Handelsbanken and Nordea arranged the loan, which can be drawn in various currencies.
-
Switzerland-based cement supplier Holcim, rated Baa2/BBB/BBB, has signed a €2bn five-year revolving credit facility with two one-year extension options to replace an existing €3.5bn loan that was due to mature in May 2013. The deal includes a swingline facility available in euros and US dollars.
-
Russian telecoms credit Vimpelcom has brought in $500m from a dual tranche club deal. The loan was split between a $225m piece and a €204m tranche, in a sign of an increasing trend for corporates to be more flexible with their banking groups as some eurozone banks are still finding dollar funding expensive.
-
Standard Bank of South Africa has gone to the Asian market again to secure an oversubscribed loan from Taiwanese and international banks.
-
Standard Bank of South Africa has gone to the Asian market again to secure an oversubscribed loan from Taiwanese and international banks.
-
The FSA’s report on the failure of the Royal Bank of Scotland has underlined the role played by the bank’s leveraged finance business, which it decided to expand in June 2006. RBS made mark-to-market losses of £287m on its leveraged finance portfolio in 2007 and £1.088 in 2008, the report said.