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
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Travelex, the UK bureau de change chain and foreign exchange dealer, is looking to sell its £350m high yield bond on Wednesday. Price guidance for the two-tranche transaction was released on Tuesday afternoon. -
Louis Dreyfus Commodities, the privately owned agricultural commodities trading group, issued its first senior bond today, raising €400m of five year debt without a rating.
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Dutch discount retail chain HEMA received consent from investors on Monday to amend and extend its outstanding leveraged loans. The company will pay higher margins in return for longer debt.
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UK sandwich shop chain Pret a Manger is set to sign the finalised documentation for its new £375m loan package on Wednesday, and allocate the loans a few days later.
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Greek debt is back in the high yield market, after the recent flurry of peripheral European deal announcements.
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Numéricable expects to allocate its loan amendment and extension on Tuesday (July 23), having received sufficient commitments from investors after a slight pricing flex.
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German fire protection equipment provider Minimax Viking has settled the pricing of its new transatlantic loans package following a bank meeting in London on Monday.
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Salini, the Italian construction company which started roadshowing for a bond issue on Friday, has received speculative grade ratings from Standard & Poor's and Fitch.
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GSO/Blackstone Debt Funds Management last week priced its fourth U.S. collateralized loan obligation of the year, the $519 million Emerson Park CLO, with the top-rated portion selling at yields in line with prints from other big-name managers in recent weeks.
