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
-
Investors have unanimously consented to amend and extend the existing loans for UK used car retailer British Car Auctions. The new debt package was allocated on Wednesday (July 31).
-
UK educational publisher TSL Education allocated its new £250m debt package on Wednesday, after deepening the discount to attract more investors.
-
Eden Springs has reduced the size of its loans package from €225m to €186m after the company opted not to issue all its new facility across Europe, but to place part of it in its domestic market instead.
-
UK sandwich shop chain Pret a Manger has completed the syndication of its new £375m senior facilities. The company expects to allocate the deal by Friday.
-
The LatAm debt markets are hardly the paradise for issuers that they were earlier this year, but Caribbean hotel operator Playa Hotels & Resorts may look to raise $300m of seven year bonds next week despite sporting the lowest credit rating from any Latin borrower this year.
-
Intralot is back with plans to sell a high yield bond. The Greek provider of gaming and transaction processing systems launched a €300m five year high yield bond on Thursday morning — with the same structure as its in June postponed bond. -
Italian gaming company Cogetech has released guidance and plans to sell its high yield debut on Friday. Bookrunners are guiding the €165m deal in the 10%-10.25% area.
-
Ewos Group, the Norwegian supplier of feed and nutrition for farmed fish, will finance its takeover by private equity firms Altor and Bain Capital with secured and unsecured high yield bonds.
-
Source: Dealogic
