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
-
Standard Bank of South Africa has completed a one year loan with a syndicate of mostly Asian lenders after a 60% oversubscription saw the deal increased to $160m.
-
Shinhan Bank is eyeing local currency bond markets for funding before the end of the year, helping the South Korean bank hit its funding target for 2012 after a pair of benchmark bonds earlier in the year.
-
Laurent Vignon has been made head of EMEA corporate loan syndicate for Société Générale, replacing Stuart Fidler who has left the bank after 11 years.
-
Three banks have underwritten debt facilities backing Campari’s $414.8m takeover of Jamaican rum company Lascalles deMercardo. Bank of America Merrill Lynch, Banca Intesa and Deutsche Bank are providing the loans, which are priced at 265bp over Euribor, to support the acquisition.
-
The next deal to launch in the European leveraged loan market — Cinven’s buy-out of Mercury Pharma — will offer a margin of 600bp on its term loan ‘B’, providing relief to institutional lenders worried that the double reverse flex on Bartec’s bullet tranche could start a drastic downward pricing trend.
-
The Egyptian Co for Mobile Services (MobiNil) has signed a E£2.9bn ($475m) loan to repay some of its debt and to expand its network.