Leveraged/non-investment Grade

  • Prasac trims pricing on loan return

    Prasac trims pricing on loan return

    Cambodia’s Prasac Microfinance Institution has returned to the loan market for $200m, narrowing pricing by 35bp compared to its last transaction in 2020.

  • EU eyes separate gas law, leaves harmful bioenergy in Taxonomy

    EU eyes separate gas law, leaves harmful bioenergy in Taxonomy

    The European Commission is set to put forward a new solution to the intense battle over the EU's sustainable finance Taxonomy, between green finance supporters and EU member states that want to safeguard their plans to use gas, GlobalCapital has learned. This would appear to involve leaving gas out of the sustainable category of the Taxonomy, as environmentalists have demanded, and making a "separate legislative proposal" to deal with gas and nuclear power.

  • Cimpress preps cleanup of costly Apollo crisis debt

    Cimpress preps cleanup of costly Apollo crisis debt

    Cimpress has launched a cross-border term loan ‘B’, aiming to raise more first lien debt at tight levels to allow it to clean up its costly 12% second lien facility raised from Apollo last April.

  • Wilmar launches $1bn loan

    Wilmar launches $1bn loan

    Singapore’s agribusiness company Wilmar International has returned to the loan market for a borrowing of up to $1bn.

  • ‘Cascade of deals’ floods into levfin primary market

    ‘Cascade of deals’ floods into levfin primary market

    With holidays and earning out of the way and markets wide open, four new high yield bonds and two big term loans hit the market on Monday, constituting more than $11bn of internationally-targeted supply in total, with more than €4.5bn of euros in the mix.

Leveraged/non-investment grade loans news archive