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
-
After a busy July and €7.6bn-equivalent of issuance in September, the high yield primary market has calmed down — building an environment of opportunity for the lowest rated issuers to push out deals. -
The WorldPay Group, the payment processing company, has provisionally chosen to raise its new £150m-equivalent loan add-on in dollars after a lender call on Monday. It is the second UK company to head to the US market this month after Britax elected to issue the large majority of its new deal in dollars.
-
Leveraged loan bankers are losing faith in the idea that a euro-only covenant-lite facility could be set to hit the market, according to a new poll from EuroWeek.
-
Russian state-owned financial institution Gazprombank has signed its $500m three year facility, while privately-owned Promsvyazbank is expected to sign imminently.
-
Ukrainian metals firms Ferrexpo and Metinvest have both mandated Deutsche Bank to lead pre-export finance facilities. But Ferrexpo is finding some resistance among lenders after pricing its deal around 40% cheaper than Metinvest.
-
Fortune Real Estate Investment Trust signed its HK$4.567bn ($589m) multi-tranche loan on October 7, but is still waiting for two more banks to join the transaction before funding the deal.
