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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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ASEI, the Indonesian export credit agency for non-oil and gas commodities, is seeking a $250m five year loan.
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Turkish financial institution Turk Ekonomi Bankasi (TEB) has soared past its refinancing target to sign a $553m-equivalent euro and dollar denominated one year syndicated loan.
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Nestlé has been talking to its relationships banks about refinancing its outstanding €5bn 364-day credit facility, with lenders wondering whether the margin on its may dip into single figures.
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After an August bereft of deals, the European high yield market is gearing up for a return of transactions in September. While issuance is not expected to top last year's €9.1bn equivalent September record, some €5bn of deals could be in the making.
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Dealogic league tables of loans transactions, August 30, 2013.
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Dealogic league tables of total revenue transactions, August 30, 2013. Including Investment Banking, Debt Capital Markets, Equity Capital Markets, Mergers & Acquisitions and Syndicated Loan revenues.