Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
A seemingly insatiable thirst for dollars among Nigeria’s largest corporates has pushed the country’s banks to the international syndicated loan market to raise funds. But bankers warned that the close timing of the banks’ loan requests and the small pool of international lenders prepared to consider Nigerian financial institution risk will make raising a huge amount of dollars for a large number of borrowers a challenge, writes Michael Turner.
-
Russian metals and mining firm Norilsk Nickel has asked lenders for its new $2bn five year facility to be unsecured, as the firm tries to move away from pre-export finance (PXF) facilities.
-
European syndicated loans bankers are warily eyeing the pipeline of deals for the summer months, with almost two-thirds of market participants expecting to see a few more refinancing transactions but little in the way of new money deals.
-
Equiniti, the UK outsourcing company specialising in acting as a share registrar and serving pension funds, enjoyed a highly successful outcome to its debut high yield bond issuance, as the £440m deal was 10 times subscribed.
-
African-focused gold miner Randgold Resources has made a rare trip to the loan market to sign a $200m three year unsecured revolving facility from four banks.
-
Roadshows last week for Indonesia Eximbank’s $500m loan had a good response from potential lenders, with the deal already landing early commitments in general syndication.