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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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Vivacom priced its €400m high yield bond inside price guidance on Friday. The Bulgarian telecoms company priced its debut five year notes at par to yield only 6.625%.
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Turkey's Garanti Bankası is set to sign its loan to refinance $1bn-equivalent of euro and dollar bank debt by the end of next week.
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...recital. No sniggering at the back please as we have something important and festive to announce.
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China Petroleum & Chemical Corp, or Sinopec, has launched its $2.5bn loan into general syndication, offering a margin that is 20bp higher than its last fundraising from 2011.
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Property developers Cifi Holdings Group and Greenland Holding Group have launched a dual-currency loan to the market, raising funds to develop a real estate project in Hangzhou in China.
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Property developer United Overseas Enterprise has closed syndication of its S$630m ($495.6m) financing after gathering commitments from five lenders.