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 Hong Kong Monetary Authority has scrapped its restrictions on banks’ net open positions of offshore renminbi, giving a shot in the arm to the nascent dim sum loan market. But bankers are still sceptical there will be a big growth in offshore renminbi loans before the end of the year.
-
Dutch shipping firm Fairstar Heavy Transport has completed a $247m syndicated loan, led by ING, to finance the outstanding payment obligations for the construction of two semi-submersible vessels.
-
Leveraged loan, mezzanine and high yield debt manager Intermediate Capital Group (ICG) has hired Andreas Mondovits from UBS Asset Management to head up its investor management group, the wing of the company responsible for new product development, fund distribution and client services.
-
Standard Bank of South Africa attracted a staggering oversubscription of 96% for its three year bullet deal launched in March, allowing it to increase the deal from a planned $750m to $1.35bn.
-
Citic Pacific is aiming to raise HK$6bn ($772.7m) from the international loan market, boosting its funding target after getting senior commitments from 12 different banks. The deal has now been taken into senior syndication.
-
Ten banks committed to a $200m bullet loan for Sany Group last week, marking a successful return for a borrower that had not tapped the markets in just over a year.