Latest leveraged loan news
-
Amundi targets €300m levloan fund
The speculative grade loan market is leading leveraged finance issuance in Europe again, as investors pour more cash into the asset class. This week, Amundi opened its new leveraged loans Europe 2018 fund for institutional investors.
-
Heavy pipeline excites leveraged finance investors
Fund managers were looking into €6.5bn of live high yield bond and loan deals in the European leveraged finance markets on Wednesday. Those speaking to GlobalCapital were happy to see that spreads are slightly widening across ratings from last year’s historic lows.
-
Macquarie hires former HSBC head of loan trading
Macquarie Capital has hired the former head of US loan trading at HSBC to help take advantage of surging activity in leveraged finance markets.
-
Loans for GTT’s Interoute buyout out in ‘restless’ levfin
Virginia-based GTT Communications launched a €1.7bn-equivalent package of leveraged loans this week, the first leg of funding for the acquisition of UK peer Interoute. The credits are well known, bankers said, but European investors have become more circumspect after overcoming a recent bout of volatility.
-
String of bankruptcies leaves US high yield unfazed
A recent string of defaults in the US high yield bond market, particularly in the retail and supermarkets sectors, has not caused undue concern among market players, with most of the situations already factored into assumptions.
-
Roaring direct lending funds Bertram
Californian private equity firm Bertram Capital is combining its European portfolio company Anord Control Systems with UK firm Mardix. The move was funded in the direct lending market with a participation from arranger Barings.
-
Levfin investors welcome cooler market
Demand for high yield bonds and leveraged loans has become patchy, fund managers say, after several months of heavy issuance.
-
PGIM CLO boss to head bank loans biz
PGIM Fixed Income announced on Thursday that its co-head of US CLOs would become the firm’s new head of US bank loan portfolio management, upon the retirement of Joe Lemanowicz later this year.
-
Permira Debt Managers signs its seventh direct lending deal as market boom goes on
This week, Permira Credit Solutions III (PCS3) signed its seventh investment this year, a credit line for the acquisition of Maxicoffee by Daltys. The direct lending market seems on course to surpass last year’s record numbers, said market sources.
-
Unpredictable April for high yield bond market, say players
Speculative grade borrowers stayed on the sidelines of the primary market this week. While bankers said the deal pipeline has a healthy list of issuers ready to go in April, investors warned that they might be pickier than in the first quarter.

Go to GlobalCapital's Leveraged Finance data pages for the latest bookrunner league tables and information on priced deals.
Latest Asia leveraged loan news
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trialLatest Issue
Read the magazine on your mobile device
Bank Profiles
Latest news by market and league table performance
Bookrunners of European Leveraged Loans
Rank | Lead Manager | Amount $m | No of issues | Share % |
---|---|---|---|---|
1 | Credit Agricole CIB | 5,236.90 | 23 | 6.25% |
2 | Goldman Sachs | 5,129.09 | 18 | 6.12% |
3 | UniCredit | 5,090.85 | 26 | 6.08% |
4 | Barclays | 5,053.31 | 13 | 6.03% |
5 | BNP Paribas | 4,910.75 | 20 | 5.86% |
Bookrunners of European HY Bonds
Rank | Lead Manager | Amount €m | No of issues | Share % |
---|---|---|---|---|
1 | JPMorgan | 2,035.22 | 21 | 8.02% |
2 | BNP Paribas | 2,008.60 | 22 | 7.92% |
3 | Goldman Sachs | 1,563.07 | 16 | 6.16% |
4 | Credit Suisse | 1,458.00 | 14 | 5.75% |
5 | Morgan Stanley | 1,375.83 | 10 | 5.42% |
Bookrunners of Dollar Denominated HY Bonds
Rank | Lead Manager | Amount $m | No of issues | Share % |
---|---|---|---|---|
1 | JPMorgan | 9,128.85 | 70 | 9.67% |
2 | Citi | 6,785.07 | 56 | 7.19% |
3 | Bank of America Merrill Lynch | 6,685.98 | 62 | 7.08% |
4 | Barclays | 6,303.47 | 46 | 6.68% |
5 | Credit Suisse | 6,011.71 | 44 | 6.37% |