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
-
Chinese telecommunication company ZTE, which is asking for a covenant waiver on a $450m loan, is set to get some relief after US president Donald Trump said he would work with China to get the company back to business soon. -
Birla Carbon, part of Indian conglomerate Aditya Birla Group, is targeting its relationship banks for the senior syndication of a $1.2bn borrowing.
-
Silver Lake Management, the US private equity firm, has agreed to buy ZPG, the parent of UK property search website Zoopla, for £2.2bn. It has already lined up debt to fund the purchase.
-
China’s Hefei Guoxuan High-Tech Power Energy has tapped the offshore loan market for the first time, unveiling a $300m loan.
-
After releasing first quarter results, Canadian drugmaker Valeant is again looking to refinance old debt with less restrictive facilities, announcing a new $5.3bn refinancing package on Thursday.
-
Lloyds Bank has replaced Ian Baggott, its head of loan markets.
