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
-
Ukrainian state-run nuclear energy firm Energoatom is soon expected to sign a €600m loan, which will be used to part-finance a €1.4bn upgrade project of around 13 of its power plants.
-
BASF has launched its new revolving credit line at what some regard as a scandalously tight 25bp. But BASF and other blue-chip borrowers like it are funding in a completely different market to most corporate issuers. Deals like this do not reflect the financing conditions available in the wider loans sector.
-
Russia’s VTB Bank signed a $2bn three year club loan in London on Monday. Lenders jumped at the chance to join the deal and pushed the size up from its $1.5bn launch amount.
-
Spanish tin-can maker Mivisa has launched a new loan to finance a dividend. The Blackstone-owned firm is seeking a new €145m term loan ‘C’ that will be used, alongside cash from the balance sheet, to pay a dividend of up to €190m.
-
State Bank of India has been picked as the sole bookrunner for Numaligarh Refinery’s $90m debut loan, beating competition from five other banks. The Indian bank has priced the deal in the low 200bp over Libor area.
-
Bank of Taiwan, the sole bookrunner of Prince Housing & Development Corp’s NT$2bn ($67.28m) four year loan, has given banks until early April to commit to the deal.