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
-
FTE Automotive, the German clutch maker, has sold the first European high yield bond to finance an acquisition in the second half of the year.
-
Source: Dealogic
-
Two solid days of successful corporate bond issuance opened this week, but although investment grade bankers came in on Wednesday morning ready for further action, screens were quiet.
-
GSO Capital plans to retain a 5% vertical slice of its upcoming EUR417 million ($533.2 million) collateralized loan obligation in order to comply with European risk retention requirements, according to a person with knowledge of the deal.
-
TSL Education, the UK educational publisher, yesterday launched a £250m loan package to support its acquisition by private equity firm TPG.
-
Continental issued a €750m bond to cut its funding costs on Tuesday. The speculative grade-rated German tyre maker priced the deal with a yield of just 3.25%, on a book of over €3.2bn.
-
Fiat, the Italian carmaker, priced an €850m long six year bond today, winning a strong book. The notes came with a 6.75% coupon at par and traded up on the break.
-
FTE Automotive, the German hydraulic clutch maker bought by Bain, has released guidance in the 8.75% to 9% area for its debut high yield bond. Books closed at 4pm today with pricing set to happen thereafter.
-
About $100 trillion in already illiquid investments—including securitizations—are subject to an outdated infrastructure that further limits liquidity and transparency, according to DealVector Co-Founder and COO Dave Jefferds.