Latest news
Latest news
Software loan sell-offs and the Iran war have caused US and European loans to price differently
Manager adds almost €100m across the CLO's capital structure
The triple-A rated notes' spread widened by 25bp compared to the original deal
More articles
More articles
-
Advent International expects to seek €605m of debt to back its acquisition of Unit4, the Dutch software maker.
-
Vivacom priced its €400m high yield bond inside price guidance on Friday. The Bulgarian telecoms company priced its debut five year notes at par to yield only 6.625%.
-
Tank & Rast will lift the leveraged loan market with a long awaited €2bn refinancing by the end of next week, according to bankers. The German motorway services operator, which is owned by private equity firm Terra Firma, will shun the unsecured bond market for an offering of mostly senior secured loans.
-
The Loan Market Association has launched new documentation for use in leveraged acquisition finance transactions, in response to the increased use of a specific type of bond-loan debt structure.
-
Energias de Portugal, the Portuguese electricity company, has sold a €600m bond having attracted €2.4bn of orders. The long seven year bond was priced with a 4.125% coupon on Wednesday and traded up on Thursday.
-
High yield bond bankers and investors expect the European market to grow further next year — in size and likely also in aggressiveness — after this year's record deal output of €76bn so far.
-
CLO managers putting together new deals in the next few quarters may find sourcing loans easier when older CLOs are called as they leave their reinvestment periods, according to rating agency Moody’s.
-
OSX, the shipbuilding, oil equipment and services arm of Eike Batista’s crumbling Brazilian EBX conglomerate, filed for bankruptcy with a Rio de Janeiro court on Monday, following sister company OGX’s identical move on October 30.