Latest leveraged/non-investment grade loans news

• US department store Sears files for long awaited bankruptcy

  

  Sears filed for Chapter 11 bankruptcy on Monday as a $134m interest payment came due and efforts to restructure the firm’s debt out of court failed.

  • 15 Oct 2018

• Mei Ta returns for €220m five year

  

  Taiwan’s Mei Ta Industries has returned to the offshore market after three years for a €220m ($254m) dual tranche borrowing.

  • 15 Oct 2018

• Need to live with climate change teaches competitors to collaborate

  The advance of global warming, highlighted by the Intergovernmental Panel on Climate Change’s report this week, not only demands that the private sector accelerate efforts to cut carbon emissions. Companies must also adapt to the changing climate – and this will involve interacting in new ways, experts say.

  • 12 Oct 2018

• AISL debuts with $180m club loan

  

  Asia International School (AISL) is tapping the offshore market for a debut loan of up to $180m.

  • 12 Oct 2018

• Vinfast borrows $950m for machinery, equipment

  

  Vietnam’s Vinfast Trading and Production has raised a $950m guaranteed term loan to help it buy machinery and equipment from nine German suppliers.

  • 12 Oct 2018

• Retail, media issuers in focus despite low defaults

  

  S&P Global said that consumer products, media and oil and gas were the most represented sectors on its list of ‘weakest links’ in sub-investment grade corporate debt, which remains relatively small in a low default environment.

  • 11 Oct 2018

• Governments must back banks' efforts to end dirty financing

  Pledges by leading banks to pull back from financing “dirty” projects such as coal will be meaningless unless governments step in with regulations to prevent other investors taking their place, a senior banker has said.

  • 11 Oct 2018

• Loans in Brief: 11/10/2018

  • 11 Oct 2018

• Coffee group Jacobs Douwe Egberts smells tighter margins

  

  The leveraged loan markets are so awash with demand that investors appear willing to allow Jacobs Douwe Egberts (JDE) to cut funding costs even as it extends maturities.

  • 11 Oct 2018

• Logan makes quick loan comeback for HK$1.2bn

  

  Hong Kong-listed Logan Property is making a quick return to the offshore loan market for a HK$1.2bn ($153m) borrowing, six months after sealing a HK$900m deal in April.

  • 11 Oct 2018

Leveraged/non-investment grade loans news archive