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Leveraged Loans

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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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  • German collagen protein producing group Gelita has completed an €80m syndicated loan, its first syndicated credit facility. The loan was originally launched at €60m but then increased to €80m after it was oversubscribed. It has a five year maturity but pricing is undisclosed.
  • German collagen protein producing group Gelita has completed an €80m syndicated loan, its first syndicated credit facility. The loan was originally launched at €60m but then increased to €80m after it was oversubscribed. It has a five year maturity but pricing is undisclosed.
  • Finnish construction firm SRV Group has signed a €100m 2.5 year revolving credit facility from a syndicate of Nordic lenders.
  • Finnish construction firm SRV Group has signed a €100m 2.5 year revolving credit facility from a syndicate of Nordic lenders.
  • Saudi Arabian property developer Jabal Omar Development has signed a SR5bn ($1.33bn) refinancing facility from local banks.
  • Saudi construction company Al-Khodari Sons this week agreed SR1.143bn ($304.8m) of Islamic financing with Banque Saudi Fransi and SR498m with Saudi Hollandi Bank.