Top Section/Ad
Top Section/Ad
Most recent
LBO financing includes $5.75bn term loan to be priced early next week
Investors eye 2028, 2031, 2032 as big years for loan maturities
Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
More articles/Ad
More articles/Ad
More articles
-
A former managing director at Goldman Sachs has joined Nomura as a managing director in its leveraged finance division. -
The European high yield market looks bound to end the third quarter of this year with a flourish as the volume of September primary sales approaches the €10bn mark, some €2bn more than for June and July combined.
-
Froneri, the joint venture between Nestle and R&R Ice Cream, released tight price guidance on its €800m loan deal following a London bank meeting on Monday, yet market participants are sanguine on its chances of success.
-
Morrison Utility Services, the first UK leveraged buyout to come to market since the UK voted to leave the EU, received oversubscribed offers for its £170m loan package.
-
Reliance Sibur Elastomers, a subsidiary of India’s Reliance Industries, has bagged a $330m term loan with a 10 year tenor, marking one of the longest dollar loans in Asia ex-Japan in almost a decade.
-
Credit is expensive relative to fundamentals, JP Morgan announced this week, yet the actions of central bank policy will ensure that it remains so toward year end as risk premiums are increasingly compressed, and investors remain desperate for paper.
