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
-
Averys, the French industrial shelving supplier, marketed its €165m refinancing loan at a bank meeting in London today. -
Robert Reynolds has joined Spire, the European leveraged debt asset manager, as chief investment officer and partner.
-
Philippine oil refining company Petron Corp has closed its fundraising at $475m, higher than the launch size of $300m, with 17 lenders joining during general syndication.
-
Corporate bond issuance in Europe has been building up steadily for four weeks since the summer lull ended, but the market’s true capacity was shown most clearly on Monday, when six deals came at once in euros and sterling, totalling €7.3bn.
-
Indonesian oil and gas company Energi Mega Persada (EMP) is back in the market for a $200m four year financing. The loan, which consists of a senior tranche and a junior tranche, offers a generous margin and is being done on a best efforts basis by arrangers Credit Suisse and Deutsche Bank.
-
European leveraged loan issuers expect the good times to keep rolling this autumn. But issuers considering cross-border transactions should be cautious. Domestic supply is building in the US and this could mean lenders push back on margins.
