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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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Development Bank of the Philippines (DBP) has opened a $300m three year loan to retail participants, having picked the mandated lead arrangers and bookrunners in mid 2015.
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Simon Allocca, head of loan markets at Lloyds Bank, is moving to a new job at the bank.
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Indian data service provider Tata Communications is understood to be in talks with lenders for a loan of $250m.
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EPH — Markit — BankDhofar — Tele2 — Infinitas — LGC
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Law firm Dorsey & Whitney has hired a partner as part of its expansion in the private equity and acquisition finance sectors.
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NGA Human Resources has commitments due Friday for a £320m refinancing package, after having extended the deadline from December on investor pushback and widened pricing.