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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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Bharat Petroleum Corp, an Indian state-owned company, is seeking around $400m in offshore borrowings, according to a banker.
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The allocations for Shuanghui International’s $4bn acquisition financing have been finalised among the banks that joined during senior syndication, with a general launch soon to follow.
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Vedanta Resources’ $1.2bn five year loan was launched into general syndication on August 16 by the six bookrunners, with a September deadline put in place.
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Lloyds Bank has hired Eric Jenkins in its leveraged finance team in London, as it looks to strengthen its high yield bond capabilities amid steady growth in the sector in Europe.
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Aviva Investors has hired Sunita Kara as portfolio manager for its European high yield investments.
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Finnair, the Finnish state-controlled airline, will roadshow next week for a possible bond issue of about €100m-€150m.