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
-
The Standard & Poor’s European corporate default rate increased to 5.3% at the end of the second quarter, from 4.7% at the end of the first, the agency said this week.
-
Germany’s Homag Group, which manufactures machinery for the woodworking industry, has signed a new €210m loan led by Commerzbank, Deutsche Bank and UniCredit.
-
Just nine days after bondholders gave the company permission to do so, PagesJaunes has asked the President of the Commercial Court of Nanterre to appoint a mandataire ad hoc — a mediator — to aid amend and extend negotiations.
-
Russian oil firm TNK-BP has brushed aside worries over its ownership to sign a $675m three year loan from nine banks.
-
Saudi Arabian urban developer Jabal Omar Development Co has obtained final approval from its lenders’ Shariah boards to sign a SR5bn ($1.33bn) Islamic financing.
-
Asian loans bankers may have lost business to the bond market this year, but they have still been able to point to one of the key benefits of their market: flexibility with maturities. But now that the bond market is muscling in on shorter-term financing, even that argument is losing its strength.