Loans and High Yield

Worldpay, the UK payments processing company, on Thursday sold its first bond issue, a €500m deal — in what could be the busiest string of seven trading days since July, with four more deals roadshowing.

Editis, the second largest publishing group in France, has signed €465m of loans to refinance a €480m facility that was due to mature in January 2018.

Sri Lanka’s Bank of Ceylon, which last accessed the offshore loan market in 2013, is making a comeback for a new $100m borrowing.

National Bank of Abu Dhabi (NBAD) has reaffirmed its Indian ambitions with the purchase of the Royal Bank of Scotland’s portfolio of offshore loans to the country’s corporates.

The European arm of Tata Chemicals has launched a £140m ($216m) dual-tranche facility into limited syndication, returning to the market after a four year break.

Singapore-based agricultural products supplier Olam International has raised a $1bn loan from a group of 19 lenders.

Autodistribution, the French car parts distributor, has priced its €237m of pay-if-you-can notes, to finance its buyout by Bain Capital.

Platform Specialty Products, the Florida headquartered chemical products manufacturer, held bank meetings in London on Thursday for $1.475bn of loan facilities backing its $2.1bn acquisition of UK based chemicals provider Alent.

Gala Bingo, the retail bingo division of Gala Coral, has been bought by Caledonia Investments for £241m, using a £155m senior debt facility and a £98m cash payment.

TDR Capital is arranging £745m of senior loans to finance a £1.3bn minority stake investment in Euro Garages, one of the UK’s largest independent operators of petrol station forecourts.

The European leveraged loan market has experienced a subdued October, with issuance not yet even up to August's level.

Ethypharm – Nestle – CEZ – Tofas