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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
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Indonesian instant noodle maker Indofood CBP Sukses Makmur has closed syndication of its $2.05bn-equivalent acquisition loan. The allocations are expected to be out in the next few weeks.
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Puma, the sportswear maker, launched Schuldscheine on Monday tied to its sustainability performance.
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Lazard said it was rehiring Sam Whittaker as a managing director in its restructuring group, after Whittaker spent the last five years at boutique rival PJT Partners.
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Brussels Airport is looking to sell US private placements, according to market sources. It is the first European airport to try its luck in the market since the coronavirus reached Europe.
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Credit Suisse has hired two new managing directors in its EMEA leveraged finance origination business, one from a client company.
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China Oceanwide Holdings has returned for a $291m loan that is backed by a letter of credit.