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
-
Reliance Jio Infocomm’s $1.5bn dual tranche loan that opened in September has been allocated among 26 lenders, 11 of which joined during general syndication. Thin pricing did not stop Taiwanese, Japanese and Middle Eastern lenders from piling into the deal, as it gave them a chance to form a relationship with India’s biggest private sector company.
-
Pulsant, the UK IT business services company, has syndicated leveraged loans backing its buyout by Oak Hill Capital Partners.
-
Yildiz Holdings, the Turkish food manufacturer, has announced details of the debt package that will back its buyout of United Biscuits, ahead of a London bank meeting on Friday.
-
Endemol - Zenith Bank - 3i - Faurecia
-
Apax and Bain Capital made their move for Portugal Telecom’s Portuguese assets this week, but rival bidder Altice is more than ready for its challenger, having signed the banks behind its bid on an exclusive basis some weeks ago.
-
US regulators have yet again reminded leveraged finance bankers that they are watching the market. The Federal Reserve and others criticised underwriting standards and lender optimism over Ebitda projections in a statement on Friday.