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
-
The EMEA loans market has been so far unruffled by next week’s US presidential elections — even if in the US itself deal flow has paused and the consequences of the vote could be far reaching, according to several loans bankers. -
Invitations are out for a $300m three year borrowing for China ZhengTong Auto Services, a luxury auto dealership. Morgan Stanley is leading the deal, which can be increased in size based on the response.
-
Chinese banks have been winning loan mandates for corporate M&A and management buyouts originating from their home market. Now they turning their attention to financing more sponsor driven activity, as two mainland lenders have shown by joining a leveraged buyout loan for an acquisition by Carlyle Group. Shruti Chaturvedi reports.
-
French trade fair organiser Comexposium on Wednesday joined the recent wave of refinancing offerings in the euro leveraged loan market with its own €394m offering.
-
On Wednesday, UK financial software firm Misys pulled the $1.5bn refinancing it had been marketing as part of its planned IPO, having dropped the share sale last week.
-
Banks are preparing finance packages for the leveraged buyout of Romanian retail chain Profi, with the loans likely to price almost as tightly as deals from western Europes, according to one banker.
