Top section
Top section
Liquidity event at American manager comes at fraught time for industry
No one is sure when AI's threat will strike, or where
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
More articles
More articles
More articles
-
Klöckner Pentaplast (KP) has rounded off an extraordinary comeback against the backdrop of the pandemic, successfully refinancing its capital structure and taking out PIK notes that were quoted in the low 30s in April last year. -
Lufthansa, last in the bond market just over two months ago, flew back in on Thursday with a dual tranche offering, gathering a €3bn book and raising €1.6bn of four and seven year funding.
-
CLO reset and refinancing activity has rocketed over the last month, and it is here to stay, given the amount of deals callable and the incentive for managers to cut liability costs. But despite the tighter spreads which can be locked in, the costs of executing a refi can hurt equity distributions in the short term.
-
HSBC's Henry to retire — European Commission borrows IR and funding officials from EIB — Paterson joins CQS
-
Ion Analytics has had a successful second outing in the leveraged loan market, placing its revamped deal tighter than talk and at a smaller discount. The result makes up for Ion suspending the original deal in November, in the face of US election fears and resistance over its terms.
-
Goldman Sachs is trying to steal a march on rivals as it looks to turbo-charge its European business by leading the listings of the region’s most vibrant start-ups, writes David Rothnie.
Sub-sections
shared comment list
