Latest investment grade loans news

• L&G and Heathrow team up for PP and pension deal

  

  Legal & General has announced a £325m buy-in to Heathrow’s pension scheme, while simultaneously lending £160m to the London airport company through a private placement note.

  • 15 Jun 2018

• Loans in brief: 14/06/2018

  • 14 Jun 2018

• Comcast ups acquisition ante with $65bn Fox bid

  

  US firm Comcast has doubled down on its jumbo acquisition plans by offering to buy 21st Century Fox in an all cash $65bn deal that the cable company says it will run concurrently with its bid against the purchase target for UK media company Sky.

  • 14 Jun 2018

• Euro PP lenders hold earliest notes ‘till bitter end’

  

  Several of the earliest Euro private placements (PPs) will mature in the fourth quarter of 2018 and the first few quarters of 2019. But as the pricing for those notes looks very attractive to investors, the prospects of early refinancings are limited.

  • 13 Jun 2018

• First green loan in US as utility CMS gets metrics-linked revolver

  

  The margins paid by Michigan utility CMS Energy on two revolving credit facilities totalling $1.4bn will, for the first time, be linked to its sustainability goals, as a result of amendments signed on June 5.

  • 13 Jun 2018

• Meeting in Frankfurt to draft ‘baseline’ Schuldschein docs

  

  Senior members of the legal departments at major Schuldschein arranging banks met in Frankfurt on Tuesday morning to discuss ‘baseline’ documentation for market transactions.

  • 12 Jun 2018

• Loans in brief, 07/06/2018

  Loans in brief, 07/06/2018

  • 07 Jun 2018

• Arms race in Schuldschein mart as LBBW launches tech platform

  

  LBBW and the Stuttgart Stock Exchange have created a Schuldschein digital technology platform called Debtvision, with all the grand ambition and fanfare that Helaba exhibited when launching its rival VC Trade system in March. Whether the town is big enough for the both of them remains to be seen.

  • 07 Jun 2018

• Hellenic Petroleum powers up refi

  

  Greece’s Hellenic Petroleum has refinanced around €900m of loans, with the energy company claiming it was able to “significantly” reduce the margin while increasing the loan amounts.

  • 07 Jun 2018

• Sky greenlight sets up M&A bidding war

  

  The debt-financed bidding war for Sky, the UK media and telecoms company, is due to reach fever pitch after the UK government said yesterday it would not block either Comcast or 21st Century Fox’s bids.

  • 06 Jun 2018

Investment grade loans news archive