Top Section/Ad
Top Section/Ad
Most recent
Investors eye 2028, 2031, 2032 as big years for loan maturities
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
More articles/Ad
More articles/Ad
More articles
-
The corporate bond market is in good shape and putting the pre-Easter indigestion behind it, allowing issuers to accomplish varying aims with a range of transactions.
-
The Australian arm of Jindal Steel & Power is in the market for a $630m dual tranche loan, with two banks at the helm. The deal comes shortly after another Jindal family company — JSW Steel — successfully completed a $250m capital expenditure facility that drew several international lenders.
-
Dutch postal operator PostNL has closed a €400m five year multicurrency revolving credit facility that will replace a €570m revolver due in 2016 newat lower cost.
-
Top Right, the UK information and events group owned by Apax, has allocated its £435m-equivalent refinancing loan with a small change to the deal’s dollar tranche.
-
The term loan portion of MMI International’s $580m five year borrowing has attracted about $180m-$200m in commitments. Banks have thrown their weight behind the deal, notwithstanding a negative watch on the company by ratings agency Fitch.
-
Paul Hastings, the law firm, has recruited a former partner at Ashurst to join its leveraged finance practice in London.