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Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
More articles
More articles
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Bear Stearns is in the market with a $175 million "B" loan for magnet supplier Magnequench that has a bond-like covenant package.
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BNP Paribas' relationship with Berkshire Partners and its presence in the middle-market ensured the lead spot on a recap for MD Beauty, according to Ross Jones, a partner with Berkshire.
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Loan investors are griping about an increasing number of dividend deals that are leading to outright sales and effectively canceling the proposed bank deal after they had done the credit work.
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CanWest Global Communications Corp. is amending its $663 million "D" loan to cut the interest rate.
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Credit Suisse First Boston is in the market with a $350 million refinancing package for Primary Energy earmarked for institutional investors, which will allow it to pay down project-level debt and also fund a $100 million dividend payment to its sponsor American Securities Capital Partners.
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Michelle Ransley, a director in credit sales at Dresdner Kleinwort Wasserstein in London, has resigned.
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Goldman Sachs and Wells Fargo are in the market with a $275 million amended and restated credit facility for VCA Antech.
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Increased lender appetite and limited demand have reinvigorated competition in the Latin American syndicated loan market, and companies are cashing in on cheaper pricing and extended tenors.
