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 Capital Requirements Directive’s 122a risk retention rule — referred to by market participants as the "skin in the game" clause — loomed large over two days of panel sessions at the Euromoney LevInvest European CLO Congress in London this week. Speakers on Tuesday said that managers were likely to remain restricted in how they approach the requirement.
-
The Capital Requirements Directive’s 122a risk retention rule—the so-called ‘skin in the game’ clause—loomed large over two days’ worth of panel sessions at the Euromoney LevInvest European CLO Congress in London this week, and speakers on Tuesday say managers are likely to remain restricted in how they may approach the requirement.
-
German healthcare group Aenova is seeking consent from existing lenders to take over pharmaceutical firm Haupt Pharma. The acquisition forms part of plans to expand Aenova’s market share, as laid out by the company's private equity owner, BC Partners.
-
The case for investing in the equity tranches of European or US CLOs is not compelling at the moment because returns do not sufficiently reward the risks involved, two veteran CLO equity investors told delegates at the Euromoney LevInvest European CLO Congress in London on Tuesday. In addition, those equity investors that are participating in new deals are finding themselves in a tussle with triple-A debt investors over the inclusion of protective features, delegates heard at an earlier panel.
-
The Loan Market Association (LMA) launched new developing markets documentation on Tuesday as the industry body continues its attempts to standardise loan documentation.
-
The $61bn bridge loan supporting Verizon Communication’s $130bn buyout of Vodafone’s stake in its wireless operations has set European loan bankers’ pulses racing, even though the facility is being syndicated in the US market.