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
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Tullow Oil, the London-listed company that explores for oil in Africa, has tightened price guidance for its $500m debut bond.
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NH Hoteles sold its debut bond on Thursday. It was increased to €250m, had a strong book, priced tight and traded up — all typical of European high yield issues in a bullish October. -
Fresenius, the German healthcare company, started marketing a new €1.2bn loan package on Tuesday to back its acquisition of 43 hospitals from Rhön-Klinikum.
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Cantor Fitzgerald’s Head of Collateralized Debt and Loan Obligation Trading Florian Bita has left the investment banking firm after only five months.
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CQS Investment Management priced its EUR361.55 million ($493.1 million) Grosvenor Place 2013-1 collateralized loan obligation—arranged by Deutsche Bank—on Thursday afternoon, the first European CLO to price in six weeks.
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The Automobile Association has priced its £350m PIK toggle bond in line with price talk. The UK roadside assistance group's six year notes were priced today (Thursday) with a 9.5% coupon at par and traded up on the break.
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Nuance Group, the Swiss duty free retailer, has released price guidance for its €200m high yield bond in the Euribor plus 500bp to 525bp area, with a reoffer price between 99.5 and par.
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Capsugel, the US maker of pill capsules, wants to price $415m of PIK toggle notes in a drive-by sale on Thursday.
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NH Hoteles has increased its debut high yield bond, thanks to good demand, and released price guidance, according to a banker close to the deal.
