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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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Astaldi, the Italian construction company that issued its debut high yield bond last week, has announced a tap at a tighter yield.
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Well Intervention Services, the new name for Aker Well Service, has raised Nkr2.966bn (€356m) of loans to back its acquisition by EQT.
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Credit Suisse has launched a $230m four year loan for Indonesia’s Visi Media, part of the Bakrie Group, and is targeting only hedge funds to gather demand.
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It seems that for the loan market, the mere fact that an event is a mid-week one does not mean that indulgences are toned down. The proof, Loan Ranger discovered last Wednesday, was in bountiful display following Lloyds Bank’s loan markets reception.
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Bankers have signed Zhenjiang Chimei Chemical’s $265m three year revolver, after receiving commitments from a group of 11 lenders.
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ONGC Videsh, the international arm of Oil and Natural Gas Corp, has sent out a request for proposals to banks for a $1bn five year loan, as it gears up to make more overseas acquisitions.
