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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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National Express, the UK bus and train operator, has signed a new £410m revolving credit facility to refinance a deal maturing next year.
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Robert Lepone, BNP Paribas’s head of distressed and leveraged credit trading, Europe, has left the bank. The decision was by mutual agreement, a market source said. Lepone is not thought to be moving immediately to another role elsewhere.
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Saudi telecoms firm Mobily has signed Islamic loan agreements totalling around $650m with Nordic export credit agencies, the firm said on Sunday.
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Russian mineral fertiliser producer EuroChem is due to respond to its banking group by Tuesday with final terms on its $1bn unsecured five year loan facility.
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Across the UK, Europe and even the world, breath is being held in eager anticipation.
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Nigerian industrial conglomerate Dangote Group has pushed back the planned signing date of its debut syndicated loan by at least a month, as the firm is still preparing to launch the deal into the market.