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
-
Eden Springs, the water cooler manufacturer, has signed a €150m five year credit facility to finance future acquisitions.
-
Covenants on Russian deals have “quite a lot” of headroom for companies to underperform, said a loans banker on Wednesday, after it emerged that steel firm Rusal was in talks with its banks about covenants on its $4.75bn pre-export financing. The talks were confirmed by a banker on the facility, which was completed in October.
-
Qatari gas project Barzan has seen such a strong reception in general syndication that some banks have had the chance to scale back commitments by 40%, said a banker close to the deal.
-
Indian manufacturer Bharat Forge is still in the market with a $120m loan, but is now giving lenders until the middle of December to commit to the deal.
-
France’s Vivendi has faced a revolt from some of its relationship banks over the pricing of a refinancing facility after launching the deal at 75bp.
-
Three quarters of respondents believe corporate default rates will rise in 2012, according to a EuroWeek poll. Some 42% believe the pain will begin in the first quarter, while 33% expect defaults to increase later in the year.