Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
United Biscuits has returned to the leveraged loan market, seeking a repricing of around £960m-equivalent of debt, raised in December to back its buyout by Yildiz Holding, the Turkish foods group. -
Chinese online gaming company Giant Interactive, which wrapped up a $850m leveraged buyout less than one year ago, will prepay the money this month.
-
A flurry of borrowings by companies from Hong Kong and China has revitalised the sluggish syndicated loan deal flow in the region. Bankers expect more activity out of the area with a clearer view on the renminbi, bond investors’ skittishness on high yield and access to a diverse banking group luring borrowers to syndicated loans, writes Shruti Chaturvedi.
-
Peter Higgins, former partner and global head of long-only credit strategies at BlueBay, has left the asset management firm.
-
Around €2bn of leveraged loans backing CVC’s acquisition of Douglas, the German perfumery chain, is set to hit the market. Arrangers are lined up and the buy side is craving new deals.
-
Minimax Viking, the German fire protection systems provider, has repriced both dollar and euro tranches of €701m-equivalent of leveraged loans within guidance, but at different ends.
