Top section
Top section
Bot claims funding is ‘cheaper than peers who borrow from independent banks or credit funds’
Innovation and ambition have been hallmarks of mergers and acquisitions activity this year, but there are some signs of weakness in private equity
A slow destruction of misallocated investment is more likely than a sudden stop
More articles
More articles
More articles
-
High levels of CLO supply has started to put pressure on the top of the capital stack, with triple-A spreads softening after a three month rally. For some sources the unrelenting CLO volume, both new issue and repricings of existing deals, is the beginning of a period where plentiful supply makes investors more selective.
-
Natixis has promoted two bankers to head its acquisition and strategic finance business, following the departure of Fabrice Croppi to become head of investment banking.
-
IAG has launched a dual tranche euro bond — its first since the pandemic struck — following an extensive round of actions to shore up its balance sheet in the face of plunging airline passenger traffic.
-
Last year’s market crash and then screaming rally might have been a rough ride for CLO managers and investors alike, but it has stimulated innovation and maturity in a market which, in Europe, still had some growing up to do.
-
Indonesian non-bank financial institution Chandra Sakti Utama Leasing has launched a $75m loan into general syndication, with bankers expecting the firm’s modest rise in non-performing loans versus peers to hold it in good stead.
-
Chinese company Fujian Yango Group Co raised $175m on Monday from a three year bond.
Sub-sections
shared comment list