Latest news
Latest news
Manager takes advantage of tight spreads available for refinancings to cut triple-A pricing by 14bp
How securitization can help high LTV mortgage lending, and why is the CLO market so busy
Portfolio includes private credit transactions originated by Sona and broadly syndicated loans
More articles
More articles
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Completel, the French telecommunications company, allocated its new deal on Tuesday evening. The transaction involved an overhaul of Completel’s debt structure, with the creation of a new term loan ‘B3’ tranche and the refinancing of non-extended credit.
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Salini has become the first of the latest spate of Italian speculative grade rated issuers to succeed in selling a high yield bond before the summer. -
Picard, the French frozen food retailer, wants to refinance its term loans with €480m of floating rate notes. The business, owned by Lion Capital, is well known in the leveraged finance markets.
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Travelex, the UK bureau de change chain and foreign exchange dealer, is looking to sell its £350m high yield bond on Wednesday. Price guidance for the two-tranche transaction was released on Tuesday afternoon.
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Louis Dreyfus Commodities, the privately owned agricultural commodities trading group, issued its first senior bond today, raising €400m of five year debt without a rating.
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Dutch discount retail chain HEMA received consent from investors on Monday to amend and extend its outstanding leveraged loans. The company will pay higher margins in return for longer debt.
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UK sandwich shop chain Pret a Manger is set to sign the finalised documentation for its new £375m loan package on Wednesday, and allocate the loans a few days later.
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Greek debt is back in the high yield market, after the recent flurry of peripheral European deal announcements.
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Numéricable expects to allocate its loan amendment and extension on Tuesday (July 23), having received sufficient commitments from investors after a slight pricing flex.
