Top Section/Ad
Top Section/Ad
Most recent
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
Banks already working on deals in the industrials and chemicals sectors
As Ares raises the largest direct lending fund, Goldman Sachs reorganises to serve the trend
Sole bookrunner Morgan Stanley gets deal multiple times covered
More articles/Ad
More articles/Ad
More articles
-
Leveraged finance bankers probably didn’t think their jobs could get any tougher. Not until Wednesday at least, when, at Euromoney's Levinvest conference, the ECB dropped the bombshell that it was, in all likelihood, set to introduce ‘guidance’ on leveraged lending. -
German industrial packaging firm Mauser launched a €537m term loan refinancing with a lender call on Thursday afternoon, while at the same time fellow German firm Orion Engineered Carbons was set to close its repricing request.
-
Ufinet, the telecommunications firm with headquarters in Madrid, and Ammeraal Beltech, the Dutch conveyor belt manufacturer, both marketed dividend recapitalisations on Thursday. One senior market observer said that the regularity of such deals was reflecting poorly on the private equity community.
-
UK financial software firm Misys launched a $1.5bn equivalent refinancing loan package on Monday with a bank meeting in London.
-
Pricing is growing tight in the European leveraged loan market — very tight. Investors are moaning, but they will receive little sympathy from buyers of other asset classes.
-
It is open season for repricings in the levloan market and lenders are feeling the squeeze. Two firms, one Austrian and one US, launched requests on Wednesday. They followed SIG Combibloc and Ineos Styrolution’s lead in exploiting ever friendlier conditions for issuers looking for cheaper debt, writes Max Bower.
