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
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Scandlines is today allocating its new €875m refinancing loan package, after strong investor demand in Europe left the book heavily oversubscribed, even after the terms were changed in the issuer's favour. -
Univeg, a Belgian fruit and vegetable distributor, wants to issue a €265m high yield bond and revolving credit facility to replace its debt structure.
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Serbia BroadBand has launched the high yield bond to finance its takeover by KKR. The €475m of notes will be the only drawn debt in SBB/Telemach’s capital structure.
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Alcatel-Lucent, the French telecoms manufacturer, is set to raise up to $2.7bn through a range of capital markets deals as part of its turnaround plan.
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Tullow Oil, the UK company that explores for oil in Africa, made its bond debut on Friday and increased the deal by $150m, pricing it at the tight end of guidance.
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The Loan Syndications and Trading Association proposed to regulators that collateralized loan obligations holding high quality loans be exempt from risk retention rules, pointing to a similar exemption—the qualified residential mortgage rule—already granted to the residential mortgage-backed securities market.
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The only certainty about Brazilian oil and gas company OGX’s bankruptcy is hefty losses for $3.6bn of bondholders, said investors and analysts as the company sought protection from creditors after negotiations to restructure its debt failed. Oliver West reports.
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Exopack Holdings, the US-based packaging group, allocated its new $675m-equivalent transatlantic loan package last Friday, after having increased the deal’s euro tranche earlier that week.
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Tank & Rast, the German motorway services operator owned by Terra Firma, has settled on a debt structure for the highly anticipated refinancing of about €2bn of its outstanding debt.
