• HOME
  • SYNDICATED LOANS

Syndicated Loans

Covid-19

Other news

  • Liberty readies debt for Sunrise buy

    Liberty readies debt for Sunrise buy

    Liberty Global has announced plans for a $7.4bn acquisition of mobile phone company Sunrise, less than a year after the latter’s plans to acquire Liberty’s subsidiary UPC fell through. On Wednesday, UPC launched two sets of term loan ‘B’s to support the new deal.

  • Deutsche plucks two healthcare bankers

    Deutsche plucks two healthcare bankers

    Christina Too and Gordon Butterworth will join Deutsche Bank as managing directors in its healthcare investment banking coverage and advisory team for Europe, the Middle East and Africa.

  • ‘Corruption is incentive plus stupidity,’ says J Capital's Anne Stevenson-Yang

    ‘Corruption is incentive plus stupidity,’ says J Capital's Anne Stevenson-Yang

    Anne Stevenson-Yang is a director and co-founder of J Capital Research, a New York firm and short seller that specialises in Chinese companies, as well as international companies looking to grow their business in China. GlobalCapital spoke to Stevenson-Yang about the dangers of trusting financial reporting from China, and steps stock exchanges could take to stifle the likelihood of fraud.

  • PP investors 'first in line' for Hammerson payout

    PP investors 'first in line' for Hammerson payout

    Institutional investors holding Hammerson’s £689m ($900.27m) of private placements (PPs) are to be offered a pre-payment option first after the UK property company’s intended rights issue, according to a prospectus on the upcoming trade. Unlike the UK property company’s bondholders and bank lenders, during their coronavirus amendment process, PP investors negotiated an offer of pre-payment at par of 30% of any proceeds of capital raises or disposals.

  • UK inflation reform to boost student loan ABS repayment

    UK inflation reform to boost student loan ABS repayment

    UK student loan securitizations are set to repay faster if the government decides to reform inflation indices in 2030, benefiting junior investors. Other noteholders could see returns drop if the government opts for an earlier switch date, however.

  • Nordex signs state-backed loan for Covid-19 support

    Nordex signs state-backed loan for Covid-19 support

    Nordex has signed a €350m revolving credit facility, guaranteed by the German state, to help the wind turbine manufactuer through the coronavirus pandemic. Elsewhere in Germany, Tele Columbus refreshed its loan support.

  • Lenders disagree over potential demand for social revolvers

    Lenders disagree over potential demand for social revolvers

    Loan market bankers disagree about the impact that the new social revolving credit facility structure will have on the European market — though the first-of-its-kind Covid-19 facility for Suez will likely remain a rarity, after the Loan Market Association said it is not looking at producing documentation for the structure.

  • PP players stalk larger companies after Vanguard blowout

    PP players stalk larger companies after Vanguard blowout

    Institutional investors in private placements (PPs) have signalled their appetite for borrowers beyond their typical stables throughout the coronavirus pandemic. But this week’s transaction from Vanguard Group — the largest in the market’s history — showed the size of funding available, as buyers demand bigger deals. Silas Brown reports.

  • European companies eye coronavirus-era M&A

    European companies eye coronavirus-era M&A

    Companies across Europe are shifting their aspirations from surviving the coronavirus pandemic to making the most of the economic opportunities it may present. Both loan and bond bankers are seeing more requests to help clients fund M&A. In the last few weeks, multiple companies have signed loans linked to acquisitions and more are expected after the summer.

Loan Article Archive

Comment