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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
Demand for riskiest tranches and improved loan supply could support growth in issuance
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US food products group Darling International’s $1.2bn transatlantic term loan ‘B’ package to finance its acquisition of Vion Ingredients will be oversubscribed.
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Dr Gerard, the Polish biscuit maker, has signed a Z320m ($76m) multi-tranche loan to back its leveraged buyout by Bridgepoint.
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Russian aluminium producer Rusal has signed credit lines with VTB Capital totalling up to Rb15bn ($456m).
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Russia's largest shipping company Sovcomflot has signed a $316m 10 year project finance facility from three lenders.
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ONGC Videsh, the international arm of Oil and Natural Gas Corp, has extended the deadline for banks looking to submit bids to a request for proposal for a $1bn loan.
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Computer maker Lenovo is planning to sign its $1.2bn five year loan on December 18 with a group of 12 banks, according to a banker. While one of the original lenders has dropped out of the transaction, another one has taken its place.