Latest news
Latest news
Spreads on CLO liabilities stay wide, making resets for deals from multiple vintages unattractive
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
More articles
More articles
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Ewos Group, the Norwegian fish food company, sold the second largest Norwegian krone high yield bond ever on Wednesday, and more issuers are lining up in what could be the market's biggest ever year.
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CCM Pharma has completed its debt repricing, after the company’s existing group of lenders unanimously consented to the changes in an early bird phase.
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With European leveraged finance deals in short supply, banks are bending over backwards to win business, and borrowers are taking advantage. Higher leverage, lower fees, better terms – it’s all going their way. See EuroWeek and the Leveraged Finance email tomorrow for the full story.
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Unrated North Atlantic Drilling has launched a five year high yield bond in the Nkr1.2bn-Nkr1.5bn (€147m-€184m) range. The notes will be senior unsecured and not callable.
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Scandlines, the German-Danish ferry operator, has set a narrow original issue discount guidance on its €875m refinancing loan package, reflecting the strong support for the deal among investors in Europe.
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Ewos Group, the Norwegian fish food company, sold the second largest Norwegian krone high yield bond ever yesterday, and more issuers are lining up in what could be the market's biggest ever year. -
The top-rated portion of the newest collateralized loan obligation from one of the most prominent managers is likely to price in the area of 145 basis points over LIBOR, further demonstrating the difficult environment for CLO debt.
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Ewos Group, the Norwegian fish food business bought by Altor and Bain Capital, has made changes to its high yield bond structure but is still on track to sell its deal later today.
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Broadnet Holding, the Norwegian fibre-based communication business, has issued Nkr2.988bn (€367m) of senior secured loans, the deal’s leads announced in a press release on Wednesday.
