Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
More articles
-
SGL Carbon, the German maker of carbon-based products, wants to sell a €250m high yield bond to refinance its floating rate notes and other debt.
-
Sensata Technologies, a Dutch maker of sensors and controls owned by Bain Capital, is seeking to amend and extend loans it issued in May 2011, having already repriced the debt’s drawn tranche late last year.
-
Ardagh Holdings USA and Ardagh Packaging Finance are seeking to raise $675m-equivalent (€497m) with a term loan ‘B’ in euros and dollars.
-
Astaldi, the Italian construction company, on Monday tapped the seven year debut bond it sold last week at a much tighter yield.
-
HeidelbergCement is back in the market with a €500m bond, less than two months after its last issue. -
K+S, the German fertiliser and salt producer, raised €1bn today with its third and largest bond issue, though bankers said it sold the bonds cheaply.
-
Scandic Hotels, the Swedish hotel group owned by EQT Partners, wants to extend its term loans and revolver, of about €400m-equivalent.
-
Metsä Board Corp, the Finnish paper and pulp maker owned by Metsä Group, has prepaid a €150m term loan issued last year as part of a €500m refinancing package.
-
Tank & Rast has allocated its €570m term loan ‘B’ after tightening its pricing twice. The loan was priced at 375bp over Euribor at par on Friday.
