Top Section/Ad
Top Section/Ad
Most recent
Despite the allure of lower loan prices, CLO managers should print deals cautiously
Software loan sell-offs and the Iran war have caused US and European loans to price differently
Leveraged loans in stressed sectors like software carry refinancing risk
LBO financing includes $5.75bn term loan to be priced early next week
More articles/Ad
More articles/Ad
More articles
-
Oliver Musset has been named as global head of the energy group within Société Générale’s natural resources and energy financing group.
-
A €70m term loan ‘B’ add-on for Spotless Holding, the BC Partners owned French cleaning products manufacturer, is expected to be oversubscribed after a strong syndication process. The financing marks the French borrower’s first transaction since it pulled its high yield bond offering back in June 2011.
-
Bankers working on Inghams Enterprises’ A$748m ($781.8m) leveraged buyout loan have received pledges from nine lenders in the early bird phase of the deal. The success means the loan is already fully covered and is unlikely to go into general syndication, said bankers.
-
Chongqing Grain Group’s $150m three-year loan was launched into general syndication by sole bookrunner DBS, the first time the state-owned company is targeting the syndicated loan market to raise funds.
-
Deutsche Bank launched China Hanking Holdings’ $100m three year loan into syndication on Monday, and is tempting investors with a generous pricing of 475bp over dollar Libor, according to a banker close to the deal.
-
Turkish telecommunications firm OTAS has received around $5bn in interest for its multi-tranche $4.75bn facility, which is still in general syndication. The strong response demonstrates the depth of liquidity available to Turkish corporations and could help draw other names to the loan market, said loans bankers.