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
-
Tata Steel is speaking to banks for a $600m loan to refinance debt related to its Canadian operations, GlobalCapital Asia understands. -
Pakistan and Sri Lanka have approached the loan market for their latest fundraisings. While interest in the former has been steadily rising, the latter was recently hit by a rating downgrade.
-
The government of Mongolia is making its debut in the syndicated loan market, launching a $200m dual-trancher after plans for a bond fell through due to pricing issues. While the country’s heavy reliance on commodities makes it a risky bet, bankers reckon the development of a copper mine project and its potential income gives its outlook a boost. Shruti Chaturvedi reports.
-
Two French leveraged loan deals were launched on Wednesday, both of which back leveraged buyouts, as the market claws its way back to issuing primary deals after a sluggish month.
-
BNP Paribas’ head of distressed and loan credit research has left the bank for a private equity firm.
-
European high yield, which has had a dismal 2016 so far, is making another try to break out of its lethargy today, as LeasePlan, the Dutch car finance bank, is relaunching its €1.55bn bond to finance its leveraged buyout.
