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
-
More bid lists comprising European collateralized loan obligation bonds surfaced this week, as hedge funds—particularly U.S.-based players—continue to try and lock in profit on the back of the market rally.
-
The two banks leading Manipal Education’s $270m seven year loan have added one more bookrunner to the deal and have priced the loan at 600bp over dollar Libor, which bankers say is juicy enough to bring in plenty of demand.
-
Five banks have been picked to lead Uni-President China Holdings’ $200m loan, and plan to launch it into general syndication at the end of the month.
-
Private equity firms BC Partners and CVC Capital Partners have teamed up to make a bid for Elior in what could be the largest French LBO since the financial crisis. Its existing owner, Charterhouse Capital Partners, said at the end of last year that it was looking to only sell the catering business of Elior but is said to prefer a straight sale.
-
Spanish tin can maker Mivisa is in line to bring some action to the leveraged loan market. The Blackstone-owned business, which reverse-flexed its last loan transaction twice, could be one of the next names to approach the market, said a banker close to the company.
-
Sea water treatment company Befesa Ghana has signed a financing package to develop a $126m desalination plant in Accra, Ghana.