Top Section/Ad
Top Section/Ad
Most recent
US issuers and insurance companies could benefit as Moody’s relaxes parts of its approach
Investors attracted by relative value versus loans but are not blind to risk
Floridian manager registered the vehicle in Ireland with article 8 SFDR classification
More articles/Ad
More articles/Ad
More articles
-
Empark, the Spanish car parks operator, attracted a strongly oversubscribed book for its €385m bond debut.
-
German high yield issuers Heidelberger Druckmaschinen and Wepa took advantage of tightened secondary spreads this week with taps for around €50m each.
-
With demand for leveraged loans far outweighing supply, deal sponsors are pushing for unprecedentedly loose documentation, writes Olivier Holmey. Already reducing margins, extending maturities and pushing up leverage ratios on their portfolio companies’ debt, private equity firms are now even seeking to rid transactions of their core incurrence and maintenance covenants.
-
Scout24 has prepared the debt structure backing its partial takeover by Hellman & Friedman, ahead of the deal’s launch in January 2014.
-
Ashtead, the UK-based equipment rental company, sold a $400m tap of its 6.5% 2022 high yield bond on Wednesday.
-
CMA CGM, the French container shipping business, sold its €300m unsecured bond on Tuesday. The 2018 deal came with an 8.75% coupon at 97.552 to yield 9.375%.