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
-
Transport services company Tip Trailer has flexed the margins and deepened the discount of its transatlantic loan package.
-
ConvaTec allocated a series of amendments to its outstanding debt on Tuesday. The UK developer of medical technologies was able to price the term loan ‘B’ at the tight end of guidance and also chose to modify its structure to feature dollars more heavily.
-
Minimax Viking has entered the documentation phase of its new transatlantic debt issuance, after receiving sufficient commitments on Tuesday (August 6). The leads expect to confirm the margins and allocate the loan by Thursday.
-
Schenck Process completed on Monday (August 5) an amendment and extension of its outstanding debt. Under the terms of the A&E the company has extended most of its financing by two and a half years. It has also increased the size of the debt.
-
BMC Software, the US business software group, dropped the planned euro tranche to its $1.38bn-equivalent high yield bond and plans to price the dollars on Wednesday. Pricing on the euro tranche would have been too expensive, according to a banker close to the deal.
-
The limited pool of buyers for the senior portions of European collateralised loan obligations is looking to push spreads on the triple-A bonds of upcoming deals wider, according to CLO officials on the frontline in London.
-
The limited pool of buyers for the senior portions European collateralized loan obligations are looking to push spreads on the triple-A bonds off upcoming deals wider, according to CLO officials on the frontline in London.
-
BMC Software, the US business software group, expects to release formal price guidance today for its high yield bond issue, to finance its $6.9bn acquisition by Bain Capital and Golden Gate Capital. The lead banks have set price whispers and the tranche sizes.
-
Minimax Viking has revised the pricing and structure of its new transatlantic loans package to reflect investor interest in the deal.
