Loans and High Yield
-
Nasdaq-listed China XD Plastics Co is in the loan market for a $300m financing, returning one year after signing its last deal. -
A slew of new dollar deals hit the debt market on Thursday, with all of them easily gobbled up by investors.
-
Big ticket European take-privates are back, evoking memories of the last buy-out boom, writes David Rothnie. Will it be different this time?
-
Salini Impregilo, the Italian construction firm, printed new bonds with a coupon under 2% on Thursday, becoming only the third high yield borrower to duck under the hurdle this year.
-
Two credit rating downgrades of Dalian Wanda Commercial Properties (DWCP) have put its offshore loans in lenders’ cross-hairs. DWCP is talking to its lenders, who have the power to force an acceleration of payments. Shruti Chaturvedi reports.
-
Swiss boutique investment fund Fisch Asset Management,has hired a new senior credit analyst for its high yield desk by raiding Barings.
-
China Grand Automative Services Co, a car dealership, is readying a return to the international debt market, hiring two banks for a senior perpetual bond.
-
Zhongrong Xinda Group Co and Jiangsu Nantong Sanjian Construction Group Co (JNTC) are set to make their debuts in the international bond market on Thursday, as Tongchuangjiuding Investment Management Group Co returns for a tap.
-
The operator of Hyderabad’s international airport launched its debut dollar bond on Thursday morning, following a global roadshow last week.
-
The non-US women's health unit of Israel’s Teva Pharmaceutical Industries is mulling the option of issuing its first term loans in euros to fund its buyout by private equity firm CVC.
-
Italian telecoms firm Wind called on the high yield market on Wednesday, as it planned to refinance most of its debt with a dual currency five tranche offering, deploying 20 bookrunners in the process.
-
French car hire group Europcar opened the high yield bond primary market on Monday with new debt to fund the acquisition of Spanish peer Goldcar, demonstrating how little investors are worrying about the escalating crisis between Catalonia and Spain over the former's push for independence.
