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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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Philippine oil refining and marketing company Petron is seeking lenders’ consent to make amendments to two of its old borrowings, following an initial warning in July.
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HSBC has hired Jan Laubjerg for a new position as global head of natural resources.
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Credit Suisse has picked Fabien Antignac to be head of leveraged finance for the EU.
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Fujian Yango Group Co enticed investors with a yield of more than 12% for its new $200m bond on Tuesday.
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Corporate bond investors had another chance to pick up some spread on Tuesday after August had closed with a flurry of hybrids, with crossover trades from French nuclear power company Orano and Italian electricity company Enel.
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After a period of quiet, the Schuldschein market is creaking back into life. At least four international companies have entered the market in the past week on the hunt for new debt.
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