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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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Intermediate Capital Group’s first European collateralized loan obligation in three years was due to price via arranger LLoyds Bank on Friday as SI went to press.
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Technicolor, the digital media and entertainment provider, allocated its latest loan add-on yesterday, with a substantially higher pricing and deeper discount than originally expected.
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Attendo, a Swedish provider of care for the elderly and disabled, allocated yesterday its latest new tranche of debt, a term loan ‘E’.
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Bookrunners Goldman Sachs and JP Morgan are sifting through final commitments for United Biscuits’ new £725m refinancing loan package.
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Unilabs, the Geneva-based laboratories business, succeeded in selling its €685m debut high yield bond on Wednesday and sold it intraday, nearly a month after pulling the deal amid unfavourable markets.
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Expro, the UK oil and gas well services provider, wants to tap its 8.5% 2016 bond, of which about $991m is outstanding.