Top Section/Ad
Top Section/Ad
Most recent
Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
More articles/Ad
More articles/Ad
More articles
-
RBC Capital Markets is beefing up financial sponsors, aiming to boost its European business during 2020, writes David Rothnie.
-
NatWest Markets has started to offer currency swaps on leveraged loans, with its first ‘perfect asset swap’ traded in December. It joins just two other banks regularly offering the product, which is crucial for connecting the sterling leveraged finance market to the deep demand created by euro-based CLO buyers.
-
Xavier Clement has joined Barclays’ European credit trading business, working under another former Bank of America Merrill Lynch banker.
-
RBC Capital Markets has continued the development of its leveraged finance business by hiring Craig Campbell from HSBC.
-
Corporate bond investors in Europe are strapping in for a busy few weeks, though some have redoubled their call for issuers to offer shorter maturity debt.
-
India’s Syndicate Bank has closed its $100m borrowing, with the lead bank selling the entire amount to three participants.