Latest news
Latest news
An interview with Propel and the BBB, a busy Q1 for ABS, more arb headaches for CLO managers
Resets for 2021 and 2024 deals are less attractive to managers due to wider liability pricing
Spreads for the triple-A rated notes were similar to the manager's previous deal
More articles
More articles
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Hofmann Menü, the German maker of frozen meals for business canteens, hospitals and care homes, is being bought by Partners Group with a €170m senior loan. -
While some debt capital markets bankers are beginning to enjoy the Christmas break, thoughts are already turning to next year’s business. Syndicate and coverage bankers have been putting in some late visits to clients, hoping to be in line for the first wave of deals in 2014.
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A Cerberus Capital Management fund today priced its second post-crisis middle market loan collateralized loan obligation. Wells Fargo arranged the $458.15 million Cerberus Onshore II CLO.
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Citigroup expects to announce price talk later today for the $400m high yield bond issue by Global Ship Lease, the London-based, but New York-listed container ship lessor.
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US food products group Darling International’s $1.2bn transatlantic term loan ‘B’ package to finance its acquisition of Vion Ingredients will be oversubscribed.
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Dr Gerard, the Polish biscuit maker, has signed a Z320m ($76m) multi-tranche loan to back its leveraged buyout by Bridgepoint.
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Oil company YPF sent an encouraging sign to fellow Argentine issuers about investor appetite for debt from the country as it printed a heavily oversubscribed bond that traded up significantly on the break on Monday.
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Collateralized loan obligation issuance in the U.S. reached $3.26 billion in December so far, as three deals priced late last week.
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Darling International, the US food products firm, has launched its planned high yield bond to refinance its bridge loan for the takeover of Vion Ingredients of the Netherlands.
