Latest leveraged loan news

  • Levfin and a bad block weigh on Credit Suisse

    Credit Suisse’s fourth quarter results showed damage from the high yield and leveraged finance market’s tantrum in the last quarter of 2018. The bank was also hit by a Canada Goose block trade gone wrong.

    • 14 Feb 2019
  • First test for levloans as Amer and Ahlsell enter euro market

    Banks met on Tuesday for the first sizeable new money European leveraged loan of 2019: a €1.7bn acquisition loan funding the purchase of Finnish sports equipment company Amer Sports. CVC’s take-private of Swedish installation products maker Ahlsell then hit the market on Wednesday.

    • 13 Feb 2019
  • Debenhams strikes rescue refi deal

    UK department store chain Debenhams has agreed a refinancing with its existing lenders, giving it an extra 12 months and an extra £40m of headroom, along with certain covenant waivers — but the race is on for a full recapitalisation by the end of the second quarter.

    • 12 Feb 2019
  • Nikko Asset Management adds to London high yield credit team

    Nikko Asset Management said it had hired Richard Kehoe as senior high yield analyst for its global fixed income team in London.

    • 11 Feb 2019
  • Cork popped on Searcy’s acquisition loan

    Banks have started marketing the sterling loan to fund the acquisition of a stake in Westbury Street Holdings, the parent company of Searcy’s champagne bars and Benugo coffee bars, with a £363m seven year term loan and a £91m eight year second lien on offer.

    • 11 Feb 2019
  • JP Morgan looks to burnish jewel in the crown

    JP Morgan has overhauled its European management team as it places its oldest franchise at the heart of a push to boost its UK M&A business.

    • 07 Feb 2019
  • French Stella Group hits home stretch

    A loan for Stella, a French shutter and grill manufacturer, is set to be allocated on Friday, with the deal oversubscribed at original guidance on Thursday afternoon, wrapping up another project shelved in the face of last year’s deteriorating market.

    • 07 Feb 2019
  • Fintech M&A forecast for another big year

    Global fintech M&A is forecast to have another stellar year after providing multi-billion dollar lending opportunities in the last 12 months, with the UK expected to continue leading the way despite Brexit uncertainty.

    • 07 Feb 2019
  • GlobalCapital Syndicated Loan and Leveraged Finance Awards 2018: the winners

    GlobalCapital revealed the winners of its 2018 Loan Awards at its annual Syndicated Loans and Leveraged Finance Awards Dinner at the Jumeirah Carlton Tower in London on February 6. The complete results are below. GlobalCapital congratulates all the winners and nominees.

    • 06 Feb 2019
  • First Derivatives signs £130m loan at tighter margin

    First Derivatives, a UK technology company, has signed £130m of bank facilities, earmarking some of the funds to refinance an acquisition agreed last summer.

    • 06 Feb 2019

Leveraged loan news archive

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 484.94 3 17.32%
1 BNP Paribas 484.94 3 17.32%
3 SG Corporate & Investment Banking 194.57 2 6.95%
3 HSBC 194.57 2 6.95%
5 Natixis 174.13 2 6.22%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 397.10 3 12.77%
2 JPMorgan 300.50 3 9.66%
3 Deutsche Bank 200.50 2 6.45%
4 Credit Agricole CIB 193.60 2 6.22%
5 UBS 187.50 2 6.03%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,219.24 22 10.20%
2 JPMorgan 2,544.70 20 8.06%
3 Credit Suisse 2,364.95 15 7.49%
4 Goldman Sachs 2,331.78 17 7.39%
5 Barclays 2,307.33 19 7.31%