Latest news
Latest news
Triple-A pricing widens by just 8bp from previous deal, in spite of the Iran war
Software loan sell-offs and the Iran war have caused US and European loans to price differently
Manager adds almost €100m across the CLO's capital structure
More articles
More articles
-
Robert Lepone, BNP Paribas’s head of distressed and leveraged credit trading, Europe, has left the bank. The decision was by mutual agreement, a market source said. Lepone is not thought to be moving immediately to another role elsewhere.
-
Collateralized loan obligation issuers in Europe are looking to bank financing to ease capital requirement burdens that could otherwise keep some of them out of the market.
-
European leveraged loans are being flexed and facing delays owing to the wealth of issuance in the market as banks reprice deals to get them off their books ahead of August. -
Vue Entertainment has put on a good show. The UK cinema chain has priced its £550m-equivalent high yield bond inside guidance, after four days of marketing.
-
Findus, the fish and frozen food company, has released price guidance for its £410m high yield bond. It plans to sell euro and sterling notes today, dropping a planned Swedish krona tranche.
-
Expro, the UK oil and gas well services provider, has tapped for $100m its 8.5% 2016 bond, of which about $991m was previously outstanding. Guidance in the 104 to 104.25 area was released on Thursday afternoon.
-
Unilabs, the Geneva-based laboratories business, succeeded in selling its €685m debut high-yield bond on Wednesday in an intraday execution, nearly a month after pulling the deal amid unfavourable markets.
-
Fiat, the Italian carmaker, priced an €850m long six year bond on Tuesday, winning a strong book. The notes came with a 6.75% coupon at par and traded up on the break.
-
FTE Automotive, the German clutch maker, has sold the first European high yield bond to finance an acquisition in the second half of this year.
