Loans and High Yield
-
Frequent issuer Tewoo Group is readying a comeback to the offshore bond market. It has mandated firms to arrange a roadshow at the end of the week. -
China Singyes Solar Technologies Holdings started marketing a 364-day dollar bond on Wednesday while Singapore-listed water and wastewater treatment company Citic Envirotech took bids for a new senior perpetual in Singapore dollars.
-
Dominik Felsmann has landed a job at ABN Amro as head of leveraged finance Germany. The bank has also named Arjan Van Rijn as global head of leveraged finance origination.
-
UPC Holding, the telecoms company owned by Liberty Global, and UK car glass specialist Belron announced multi-currency term loan offerings on Tuesday.
-
Tata Motors has enlisted six banks for a $850m refinancing exercise that will consolidate two earlier borrowings.
-
The final allocations are out for a $295m multi-tranche facility for Aster DM Healthcare. The loan, which contains tranches with tenors of up to 10 years, attracted a mix of Middle Eastern and Indian banks.
-
The operator of Hyberabad’s international airport is planning a visit to the dollar bond market.
-
Three high yield bond borrowers will be roadshowing for a combined volume of €1.2bn of new high yield bonds this week, with a mixture of familiar refinancing and leveraged buyout funding.
-
Europe’s leveraged loan market was set for more than €4bn of offerings this week, as borrowers revel in friendly pricing conditions. Large facilities such as the €1bn loan for DomusVi that was launched on Monday could achieve the tightest prices, said bankers.
-
Yanggu Xiangguang Copper has rolled out a $100m syndicated loan with one lender leading the deal.
-
China’s Haier Group Corp will meet investors this week to pitch its debut dollar bond.
-
China Singyes Solar Technologies Holdings announced on Monday that it had mandated three banks to lead a dollar bond, eyeing a return to the market eight months after making its debut.
