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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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A second bank from the inner circle of Russian fertiliser producer EuroChem's lending group has turned its back on the borrower's latest loan because the pricing was deemed too low. But banks left in the deal claim that the loan target has already been hit.
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Ewos Group, the Norwegian supplier of feed and nutrition for farmed fish, will finance its takeover by private equity firms Altor and Bain Capital with secured and unsecured high yield bonds.
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Source: Dealogic
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Turk Telekom has signed a $100m three year bilateral line from RBS. This is the firm's second large bilateral facility in the last two months.
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Taylor Wimpey, the UK housebuilder, will refinance its £600m revolving credit line by the end of the year.
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Lenders have until Friday to commit to a debt amendment process for UK developer of medical technologies ConvaTec. The proposed changes to the company’s outstanding debt include a tightening of margins and a tweak of its covenants.