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
-
Hong Kong Broadband Network is raising a HK$700m ($90m) loan to fund its acquisition of telecoms businesses Concord Ideas and Simple Click Investments. -
Areva, the nuclear power construction firm 87% owned by the French government, has signed a €1.1bn bridge loan with six banks to “ensure the company’s liquidity for the 2016 fiscal year”.
-
Pirelli will not refinance its €6.8bn acquisition bridge loan in the bond market as planned. A torpid high yield bond market has spooked the borrower away from capital markets and back to bank loans.
-
All eyes in the European leveraged finance market are focused on Solera’s $3.9bn debt package, the only deal in play.
-
The hidden depth of demand in Europe’s corporate bond market was made amply clear on Monday, when Vodafone trounced market expectations that it would issue a €3bn bond — itself a large and bullish transaction — by raising €6bn.
-
Nasdaq-listed Jumei International Holding is planning to finance its proposed take private transaction with a combination of loans and equity.
