Latest leveraged loan news

  • M&G hires asset-based lending head from RBS

    M&G Investments has hired Oliver Wilson as head of asset-based lending in its six-person direct lending team, headed by James Pearce.

    • 11 Dec 2017
  • MUFG hires ex-UniCredit banker for lev loan syndicate

    Mitsubishi UFJ Financial Group has appointed Alice Gastaldi to its leveraged finance division, the bank said on Thursday. She had been working at UniCredit for almost eight years.

    • 07 Dec 2017
  • Picard out with big refi as lower rated issuers dominate HY

    The euro high yield pipeline unveiled a battery of deals this week, six of them with ratings below double-B. The largest came from French frozen food retailer Picard Surgelés, which will refinance over €1bn of existing debt and pay a dividend to its private equity sponsors.

    • 07 Dec 2017
  • Apcoa to reprice €350m loan refinancing, but Belgian House of HR flexes margin

    Repricings and refinancings have dominated this year’s leveraged loan issuance. This week, Apcoa added one more such deal. But investors proved they can still discriminate, as House of HR had to sweeten the terms of its new refinancing loan.

    • 07 Dec 2017
  • Foncia repricing, A&O Hotels dividend

    Investor support for leveraged loan deals where the issuer is only seeking to cut margins remains so strong that some borrowers, such as French real estate group Foncia, may do it twice this year.

    • 05 Dec 2017
  • Two lev loan issuers bring new paper

    French insurance broker Financière CEP and UK frozen food producer Nomad Foods have launched refinancing offerings to increase the size of existing debt.

    • 04 Dec 2017
  • DRT in potential levfin M&A deal pipeline

    Private equity firm Ardian is ready to tap Europe’s leveraged finance markets to fund the acquisition of a controlling stake in Dérivés Résiniques et Terpéniques (DRT), the French plant chemistry specialist, but there are mixed views on the outlook for further M&A-fuelled leveraged finance activity.

    • 30 Nov 2017
  • Banks plan festive finish for €3bn Refresco LBO

    Lead banks have scheduled a December date for the syndication of a €3bn equivalent multicurrency loan package that is supporting PAI and British Columbia Investment Management Corporation’s leveraged buyout of bottling company Refresco.

    • 29 Nov 2017
  • Follow-the-leader leveraged newbies set to suffer most

    The terms of leveraged finance deals are growing ever more aggressive. The most regular borrowers are the biggest pushers of tough terms, but those who follow their example may pay the heaviest price in a market correction.

    • 28 Nov 2017
  • BMC Software preps €3bn refi for bullish levfin buyers

    As fund managers fill their pockets with corporate leveraged finance debt, borrowers like BMC Software are taking advantage of strong conditions to slash funding costs across their financial structure.

    • 28 Nov 2017

Leveraged loan news archive

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,333.75 82 8.65%
2 BNP Paribas 19,846.21 120 6.52%
3 Goldman Sachs 15,943.70 64 5.24%
4 HSBC 14,724.27 93 4.83%
5 Deutsche Bank 14,654.63 85 4.81%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,469.76 69 4.02%
2 Goldman Sachs 7,816.84 63 3.71%
3 Credit Suisse 6,908.88 70 3.28%
4 Deutsche Bank 6,384.59 62 3.03%
5 BNP Paribas 5,941.97 66 2.82%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 37,132.38 289 10.79%
2 Citi 28,905.88 231 8.40%
3 Bank of America Merrill Lynch 28,820.93 250 8.37%
4 Goldman Sachs 24,953.24 183 7.25%
5 Barclays 23,023.01 153 6.69%