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A slow destruction of misallocated investment is more likely than a sudden stop
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
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Loss-making commodity trader Noble Group is in talks with banks for an unsecured borrowing of about $1.5bn to refinance existing debt.
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One of Abengoa's subsidiaries has signed a liquidity facility with a group of investment funds.
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What looked set to be a quiet week in Europe’s corporate bond market burst into life on Wednesday, with three investment grade deals, after none on Monday and Tuesday.
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BNP Paribas has hired a banker for its loan syndicate team for southeast Asia.
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Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is considering increasing the size of its borrowing to $350m after receiving commitments well over its target amount of $200m.
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Ball Corp, the US metal packaging manufacturer, has signed $4.15bn of debt facilities backing its $6.4bn acquisition of Rexam, the UK can manufacturer.