Loans and High Yield
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Touax Group, the French container leasing company, on Tuesday began marketing a €200m secured bond as it refinances its balance sheet. -
Chinese department store operator Century Ginwa Holdings is looking for a $120m three year amortising loan, with Chang Hwa Bank as sole agent.
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IL&FS Transportation Networks has returned to the offshore renminbi (CNH) debt market as ahead of its outstanding dim sum bond redeeming next month.
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Esterline Technologies Corp on Monday announced it would offer €330m of senior unsecured bonds, the fifth high yield issue in euros from a US company in March.
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The €275m loan backing the sale of E.On's Spanish and Portuguese assets is still in the leveraged finance market, after passing an initial March 20 deadline for commitments without the book being closed.
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Ares and GE Capital have made a £265m anchor investment backing KKR’s acquisition of Thetrainline.com, using their €3bn joint loan fund.
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Scout24, the German online directories and listings company, is seeking an add-on to its debt facilities and has arranged a Tuesday call with investors.
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Paprec Group, the French waste recycling company, sold a dual-tranche green bond last Friday (March 20), in the fourth such deal in the high yield market, according to Standard & Poor’s research.
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JP Morgan is underwriting a financing to back China National Chemical Corp’s (ChemChina) acquisition of Italian tyre maker Pirelli, a deal that values the company at €7.1bn ($7.68bn).
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Diesel engine component maker Asimco is said to be mulling revising terms for its $120m refinancing loan, to allow banks to get through their credit process more easily.
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Taiwanese investment holding company Kofu International has launched a $500m dual tranche financing into general syndication. The loan is offering lenders plenty of security, including a pledge to the shares of one of the borrower’s subsidiaries.
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Obrascón Huarte Lain, the Spanish construction company, has managed to achieve savings of 325bp while making banks on the deal bridge the gap between the offer price and what investors have paid to them.
