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
-
Mizuho International has been hit by the departures of Jermaine Jarrett, head of high yield syndicate and capital markets, and Peter Din, head of high yield research. A spokesperson for Mizuho confirmed that both were on gardening leave.
-
Finnair, the Finnish state-owned airline, has launched an unrated bond that will be sold on Thursday. The €150m five year transaction will be priced at the tight end of guidance.
-
BSN Medical, the German bandage maker, expects to complete the refinancing of its euro and dollar term loan 'Bs' by Friday, after receiving final commitments from investors on Wednesday. The margins were reverse flexed for a second time — by a further 25bp — on Tuesday. -
The United Arab Emirate's Bank of Sharjah has signed a $200m two year club loan. The borrower has once again managed to trim the price it pays for deals after halving its borrowing costs the last time it came to the loan market.
-
The pipeline for U.S. new-issue collateralized loan obligations is building back up, meaning CLO issuance in 2013 is likely to soon surpass 2012’s full-year total.
-
South African gold miner Anglogold Ashanti has negotiated a relaxation of terms for the debt to Ebitda covenant on both of its existing revolving credit facilities, as the firm deals with a depressed gold price that could lead to write downs of up to $2.6bn.
