Latest news
Latest news
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility
Manager tightens spread on triple-A rated notes by 23.5bp compared with the original deal
Lower loan prices offer higher equity returns but managers face rally risk once deals are priced
More articles
More articles
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AHT Cooling is set to launch €288m of all-senior drawn debt through term loan ‘A’ and term loan ‘B’ facilities. The debt will be marketed to a select number of investors in an early-bird phase, according to the deal's leads.
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Polish broadcaster TVN is aiming to close books early on Wednesday afternoon on a €300m no-grow bond to help pay off the last chunk of its outstanding 2017 paper.
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Peugeot, the French car maker, returned to the euro bond market today after a six month absence and priced a successful issue, raising the €600m it wanted at a substantially tighter yield than its last issue.
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Polish broadcaster TVN is taking orders for the second part of its second attempt to refinance its outstanding 2017 bonds.
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Arrow Global, a UK firm that buys distressed debt and then uses data to help collect it, is set to raise around £200m through a London IPO next month.
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Default rates for French and Dutch LBO issuers have risen sharply over the past twelve months, according to a new study published by Standard & Poor’s, making lenders more wary about committing to amend and extend transactions in the regions.
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Market participants expect debt to Ebitda ratios for European deals to keep increasing until the volume of new issuance picks up, according to a poll conducted by EuroWeek.
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Study Group UK, a company that provides education for overseas students wanting to prepare to enter UK universities, began a roadshow today for its first bond issue. -
A majority of Numéricable’s lenders have agreed to the planned takeover of sister company Completel.
