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
-
Heinz has launched the $2bn-equivalent European portion of its LBO into syndication, as loans bankers say the largest deal since the financial crisis poses no threat to the capacity of the euro and sterling markets.
-
Focus Media Holding’s $1.525bn leveraged loan is reaching the end game, after its bookrunners received eight chunky commitments in senior syndication. But several shareholders in the company are trying to derail the part-management buyout at the last minute, after raising questions about the valuation, writes Rashmi Kumar.
-
Mangalore Refinery and Petrochemicals has picked State Bank of India as the bookrunner and mandated lead arranger of its $400m five year loan, which the company has increased from a mooted size of $250m.
-
Kingboard Chemicals pushed its planned HK$4bn ($516m) loan up to HK$5.5bn, after drawing HK$5.7bn of demand from a big lending group.
-
Leveraged loans bankers had a tough time of it last year, suffering alongside their peers across the loan market. But now many syndicate heads are looking to mergers and acquisitions to boost their overall volumes — and bankers working in the area are preparing for a boom, writes Rashmi Kumar.
-
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has sent out a letter to banks requesting feedback on market conditions as the firm considers raising a new loan.