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
-
MUFG has hired two directors in its leveraged finance team in London, following the appointment of a new head of loan syndications last year. -
The Universities Superannuation Scheme, one of the UK’s largest pension schemes, has bought most of $3.1bn of senior loans to direct lenders from Credit Suisse, a first in a market which promises growth as institutional funds look for more esoteric products to find yield.
-
Corporate bond issuers are still coming to the euro market, but at a slower pace than in the past fortnight — perhaps a good thing, as signs of indigestion began to creep into the secondary market last week, and some new issues traded weakly.
-
Indomobil Finance Indonesia has increased the size of its latest syndicated loan to $250m from the initial $100m, keeping with its tradition of absorbing demand rather than heavily scaling back participants.
-
VodafoneZiggo obtained the go-ahead from leveraged loan investors on Tuesday to increase the size of its refinancing deal by more than €2bn while cutting margins.
-
General syndication has begun on loan facilities backing Mid Europa Partners’ acquisition of Romanian retail chain Profi Rom Food.
