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Specialist moves after 18 years in the market
New dangers are making deals harder to do, but pricing for the haves is still tight
Manager refinances 2023 deal, reset in 2024
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Vietnam’s Masan Group Corp is inviting lenders to join an up to $250m loan to support an investment into one of its subsidiaries.
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Vingroup Joint Stock Co has launched an up to $400m loan to the market.
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Moody’s has started the process of upgrading CLO tranches, following an update to its methodology late last year. On Friday, the agency upgraded ratings on $311m of CLO notes across four deals.
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Practitioners believe 2021 could be the year when sustainable finance finally breaks out of the narrow confines it has inhabited so far and spreads more widely across the economy.
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Sabrina Fox has been named chief executive of the European Leveraged Finance Association, following two years as executive adviser during which she rapidly expanded the nascent organisation into a buy-side trade association with 37 member firms.
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Sixth Street and Investec this week both said they had closed European direct lending funds.
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