.png){kind=logo}
GC Asia
-
Ineos Styrolution signs bridge, term loan and revolver for BP buy
Ineos Styrolution, the styrenics supplying unit of Ineos, has signed a number of loan facilities to support its $5bn acquisition of BP’s aromatics and acetyls businesses. There were roughly $9bn in commitments from 23 banks.
11.30 AM -
Vanguard Group sells largest deal in US PP history
The Vanguard Group, the US asset manager which pioneered low cost, index-tracking investment, has sold $3bn worth of private placements. According to GlobalCapital data, this deal is the largest ever recorded in the US private placement market.
03 Aug 2020 -
Credit Suisse makes changes in levfin, DCM, energy and infra
Credit Suisse has given staff including Jeff Cohen new positions and is also creating a new energy and infrastructure group.
03 Aug 2020 -
NPL platform deal cements doValue foothold in Greece
Italian debt servicing specialist doValue is refinancing its acquisition of a Eurobank debt platform to position itself as a dominant NPL servicer in Europe, ready for the next generation of defaulted loans.
30 Jul 2020 -
Boutique wheel of fortune spins into another crisis
Independent firms were the big winners of the 2008 financial meltdown. But they will find the Covid-19 crisis tougher to navigate, as they grapple with a unique set of challenges, writes David Rothnie.
30 Jul 2020 -
ADO sells HY bond after merger
German real estate firm ADO Properties has sold a €400m five year high yield bond, its first since an audacious merger with competitors Adler Real Estate and Consus.
30 Jul 2020 -
UBS promotes Paz-Galindo
Nestor Paz-Galindo has become global co-head of M&A at UBS, replacing Greg Peirce, with Philipp Beck succeeding him as head of M&A for Europe, the Middle East and Africa.
29 Jul 2020 -
Messe Frankurt sells debt for first time in 800 years
Frankfurt Trade Fair, the events organiser and world’s largest trade fair, is looking to issue Schuldscheine, according to market sources, for the first time in its 800 year history. The events industry has suffered through the pandemic, as organisers have had to postpone or cancel conferences, or reproduce them digitally, as a result of lockdowns.
28 Jul 2020 -
Direct lender HPS throws $1bn lifeline to Bombardier
HPS Investment Partners has provided a $1bn loan to Canadian train and plane manufacturer Bombardier as direct lenders make a play for larger companies through the pandemic.
23 Jul 2020 -
Hungry, hungry Hipgnosis adds to revolver again just weeks after equity outing
Hipgnosis, the UK intellectual property and song management company, has again increased the size of its revolving credit facility since first signing it earlier this year, weeks after the firm raised £236m through an equity raise.
23 Jul 2020
Leveraged Loans
Asia leveraged loan news
-
Cheng Loong attracts six to $130m capex loan
Taiwan’s Cheng Loong Corp, a paper maker, has closed syndication of a $130m borrowing with nine banks.
03 Aug 2020 -
Adani Green looks for $1bn project finance loan
-
Singapore’s UOL raises $120m green loan
-
Belle goes clubbing for HK$20bn refi
-
HSBC creates solutions teams for ESG, FIG and corps
-
Petron warns banks of potential covenant breach
-
Ping An Leasing returns for $340m
-
ZhengTong surprises with missed payment on $380m loan
-
Hexaware eyes $600m for privatisation
-
Agile drums up support for HK$3.2bn loan
