Latest news
Latest news
The triple-A rated notes' spread widened by 25bp compared to the original deal
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
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A Cerberus Capital Management fund today priced its second post-crisis middle market loan collateralized loan obligation. Wells Fargo arranged the $458.15 million Cerberus Onshore II CLO.
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Citigroup expects to announce price talk later today for the $400m high yield bond issue by Global Ship Lease, the London-based, but New York-listed container ship lessor.
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US food products group Darling International’s $1.2bn transatlantic term loan ‘B’ package to finance its acquisition of Vion Ingredients will be oversubscribed.
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Dr Gerard, the Polish biscuit maker, has signed a Z320m ($76m) multi-tranche loan to back its leveraged buyout by Bridgepoint.
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Oil company YPF sent an encouraging sign to fellow Argentine issuers about investor appetite for debt from the country as it printed a heavily oversubscribed bond that traded up significantly on the break on Monday.
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Collateralized loan obligation issuance in the U.S. reached $3.26 billion in December so far, as three deals priced late last week.
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Darling International, the US food products firm, has launched its planned high yield bond to refinance its bridge loan for the takeover of Vion Ingredients of the Netherlands.
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Invitel, the Hungarian telecoms company also known as Magyar Telecom BV, has issued a payment-in-kind bond as part of its financial restructuring.
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Global Ship Lease, a London-based container ship lessor, hopes to sell $400m of secured bonds.