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
-
Abu Dhabi National Energy Company (Taqa) has signed a $1.4bn-equivalent 16 year multicurrency project financing split between international and local tranches to expand its Jorf Lasfar coal project in Morocco.
-
Investment manager Crescent Capital Group, which has around $10bn of assets under management, has hired one managing director and two senior associates in the London office it opened in 2011, as it grows its European business known as Crescent Credit Europe.
-
Restructuring and advisory firm Houlihan Lokey has appointed former Credit Suisse co-head of Nordic investment banking Kristian Terling as managing director and head of Nordic coverage.
-
Europe’s largest LBO has found an exit, after US pharmacy chain Walgreens agreed to buy 45% of KKR’s Alliance Boots, with the option to acquire the remaining equity in 2.5 years’ time.
-
The Hong Kong Monetary Authority announced a raft of measures to increase offshore renminbi liquidity last week, inspiring hope among analysts that there will be a lending boom in the currency. But syndicated loans bankers should not get their hopes up. Until more banks actually hold the currency, liberalising the ways they can use it will not have a big impact.
-
Sean Malone has resigned from Royal Bank of Scotland to become head of European loan syndications at Bank of Tokyo-Mitsubishi UFJ. He will join the Japanese bank on October 1, to take the position that was held by Francesco Carobbi until earlier this year.