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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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Numéricable, the French cable firm, increased its new debt package by €300m before allocation earlier this week, aiming to refinance Completel's floating rate notes.
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Finmeccanica, the Italian air defence and security group, sold its first speculative grade rated bond on Tuesday. The €700m long seven year bond still mainly attracted investment grade accounts, according to a banker.
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RAC, the UK car breakdown service, allocated its new term loan and repriced all its outstanding debt on Tuesday, after closing the books heavily oversubscribed.
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Brewing company Carlsberg has started talks with banks to reduce the price it pays for loans by refinancing an existing facility early.
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Snai, the Italian betting company, increased the senior secured tranche of its bond to €320m and revised guidance on both tranches on Wednesday.
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Turkey's Garanti Bankası has become the last of Turkey's top tier banks to complete its second half 2013 refinancing loan, after signing its deal on Tuesday.