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
-
Four banks have lent £1.1bn ($1.72bn) to Hong Kong Exchanges & Clearing, helping the company push ahead with its acquisition of the London Metal Exchange.
-
Chinese companies have turned to the international loan market in impressive size this year, and two developers have recently added to volumes with their own deals. But not all Asian loans bankers are able to profit from this business, and those working in southeast Asia are feeling left out in the cold, writes Matthew Thomas.
-
Triple-B rated banks cannot profit from syndicated lending, even when the proceeds of ancillary business are taken into account, according to a report by Deutsche Bank this week.
-
UK acquisition vehicle Melrose may turn to the investment grade loan market for the financing to back the takeover of German engineering firm Elster, according to senior loans bankers. A group of lenders are working on a club deal for the potential acquisition, which Melrose announced that it was considering this week.
-
Five years ago, it was one of the most high profile symbols of leveraged finance’s burst bubble. Now, Alliance Boots has provided a handsome exit for its sponsor, KKR. But the euphoric reaction to this week’s news that US pharmacy chain Walgreen is to buy a 45% stake faded, as lenders realised the deal was no guarantee of a repayment, writes Olly West.
-
Indian Oil Corp has received proposals for a planned $300m loan, after approaching lenders just one month after closing its last international deal. Bankers are hoping for a mandate next week.