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
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UK residential landlord Grainger sold its debut high yield bond on Thursday, a £200m seven year deal that was priced with a 5% coupon at par, and traded strongly.
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Sports betting company Snai is set to become the first of at least three Italian high yield issuers to sell bonds in the coming weeks.
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JP Morgan Asset Management has opened the placing and offer of shares in its new senior secured loan fund, which it expects to raise at least £100m and invest only marginally in European credits.
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Fresenius, the German healthcare company, has received sufficient commitments to achieve its €1.2bn loan issuance ahead of final commitments on Friday.
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US-listed payday lender DFC Group has released price talk for sterling and Canadian dollar high yield bonds. The notes will be the company’s first visit to the European and Canadian bond markets.
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Brakes Group, the UK food distributor, sold the first of what became a flurry of sterling high yield bond issues this week. The £200m five year note was priced inside guidance with a 7.125% coupon on Wednesday afternoon.
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Tikehau Investment Management has launched a new European leveraged loan fund, the group announced in a press release on Thursday.
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CPA Global, the UK intellectual property service provider, has reverse-flexed its new loan and increased its euro share after receiving strong demand from European investors.
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Noordhoff sale — Unit4 LBO — Norske Skog domestic loan — Host Europe seeks new loan — Burton's Biscuits takeover — Nocibé loan increase — Carlyle dividend — 3i stake in Basic-Fit — Gerald's Gisa picks banks