Latest news
Latest news
Manager adds almost €100m across the CLO's capital structure
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
More articles
More articles
-
Xella International, the German maker of building materials, has extended maturities of the senior loans raised at the time of its leveraged buyout in 2008.
-
Altice is expected to launch a high yield bond next week, according to sources close to the situation. The cable and telecoms business wants to finance its acquisitions of Tricom and Orange Dominicana. -
UBS has created an event-driven team to help it win more financing and hedging business from its franchise in European corporate mergers and acquisitions and equity capital markets.
-
Loans bankers close to Santander Asset Management Finance’s new $1.2bn-equivalent LBO debt expressed surprise at the deal’s success, as the book closed heavily oversubscribed even after a €70m increase of the euro tranche.
-
Fresenius has placed the bulk of its new €1.2bn debt package with banks, after increasing its term loan 'A' tranche from €450m to €600m at the expense of the term loan 'B'.
-
Numéricable, the French cable firm, increased its new debt package by €300m before allocation earlier this week, aiming to refinance Completel's floating rate notes.
-
Finmeccanica, the Italian air defence and security group, sold its first speculative grade rated bond on Tuesday. The €700m long seven year bond still mainly attracted investment grade accounts, according to a banker.
-
RAC, the UK car breakdown service, allocated its new term loan and repriced all its outstanding debt on Tuesday, after closing the books heavily oversubscribed.
-
Snai, the Italian betting company, increased the senior secured tranche of its bond to €320m and revised guidance on both tranches on Wednesday.
