Latest news
Latest news
Fund is designed to invest in the equity in Bain’s CLOs, but can also invest in liabilities
Manager trims spreads on CLO’s investment grade tranches in partial refinancing
New hire spent spent more than a decade at Arnold & Porter
More articles
More articles
-
CPA Global, the UK intellectual property service provider, has proposed guidance on pricing and original issue discount for its new $1bn-equivalent transatlantic loan package, after bank meetings in New York and London on November 6.
-
Unitymedia, the German cable company owned by Liberty Global, has launched a 15 year bond, which a banker close to the deal claimed would be longest ever high yield deal in Europe.
-
Avoca Capital has priced its Credit Suisse-arranged European collateralized loan obligation, Avoca Capital CLO X, with the triple-A printing at recent wides, reflecting the continuing challenge of finding investors at the senior level, market officials told SI.
-
Serbia BroadBand, the telco bought by KKR, has released price talk in the 7.75% to 8% area for its €475m bond.
-
Edcon, the South African fashion retailer, hopes to sell €400m of high yield bonds with expected Caa2/CCC ratings.
-
Renault, the French carmaker, tapped a five year bond today at what a banker claimed was the lowest yield it had ever achieved. The €300m of notes were priced to yield 2.942%.
-
Alcatel-Lucent has announced a $750m high yield bond. The seven year senior notes are part of the US-French telecoms equipment producer’s plans to transform its capital structure.
-
German metering company Ista International has begun marketing the repricing of its debt with a lender call on Wednesday. -
CPA Global, the intellectual property service provider, will use £181m of the debt raised as part of its new $1bn-equivalent transatlantic loan package to pay a dividend to its private equity owner Cinven.
