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
-
An increase in the number of defaults among European companies rated by Standard and Poors last year should be seen in the context of a substantial increase in the number of companies it publicly rated, the agency said.
-
French mobile telecoms firm Bouygues strengthened its €10.5bn-plus acquisition offer for domestic rival SFR on Sunday, as it announced plans to sell part of its network to Iliad if its bid proves successful.
-
Taiwan Cement Corp International (TCCI), which is seeking a $1bn loan to refinance a bridge from November last year, is expected to close the deal via a club rather than opt for syndication, according to bankers working on the transaction.
-
Australia and New Zealand Bank has promoted Robin Dutta to head of loan syndications in Australia, having named him acting head in January.
-
Hindustan Petroleum Corp opened up its $500m three year into general syndication on the evening of March 7, with bankers away from the deal already keen to lap up the transaction thanks to the juicy margin on offer.
-
ONGC Videsh, the international arm of India's Oil and Natural Gas Corp, launched its $1.775bn five year term loan on the evening of Friday, March 7, pricing the transaction at 165bp over dollar Libor.