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
-
The leveraged loan market flexed its muscles this week as investors scrambled for US computer maker Dell’s covenant-lite loans. Not only did levloan investors out-compete bond investors, so that a bond tranche was replaced with a loan, but the demand showed just how eager European investors can be for cov-lite paper, although some of the interest will have come from the US.
-
Société Générale's Romanian subsidiary BRD has signed a €100m credit facility to be used to provide loans to domestic businesses.
-
VTB Capital has hired Jason Fung as head of Asia financing structuring, poaching him after a seven-year stint at Credit Suisse.
-
Russia's Gazprombank is due to sign its $500m three year facility by the end of October.
-
A group of 13 banks have committed $430m to Follow International’s $400m five year financing. Another eight are processing their commitments, which when finalised may see the borrower opt to increase the oversubscribed loan.
-
Indian state-owned Rural Electrification Corp has picked State Bank of India and Sumitomo Mitsui Banking Corp to lead its $150m five year financing.