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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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Dealogic league tables of Asian transactions, dated August 8, 2013. Including Bonds, ECM, Syndicated Loans, Mergers & Acquisitions.
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Leveraged loans - news in brief, August 9, 2013
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The European CLO market continued to make light of any seasonal summer slowdown this week, with 3i Debt Management and Haymarket Financial pricing deals. GSO Capital Partners could also price its second CLO of the year as soon as Friday.
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BMC Software has radically changed the structure and currency split of its new $5.858bn-equivalent debt financing to feature a smaller loans package — and fewer euros. In its amended form, the transatlantic deal consists of covenant-lite loans worth $4.233bn-equivalent and a high yield bond of $1.625bn.
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Minimax Viking has priced the euro tranche of its new transatlantic debt at the tight end of guidance, with allocation due late on 8 August.
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Investment Grade syndicated loans - news in brief, August 9, 2013