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
-
Investors disappointed with the tiny volumes of leveraged loan issuance in the European primary market are having little luck finding paper in the secondary market, said loan traders this week, as a dearth of new loans makes sellers a rare species in the aftermarket.
-
WESTERN EUROPE Boliden digs deep to increase revolver to €400m
-
Saudi Arabia’s National Industrialisation Company (Tasnee) and Sahara Petrochemical Company, part owners of closed joint stock company Tasnee & Sahara Olefins Company, this week signed a SR5.09bn ($1.357bn) Islamic loan agreement with nine local banks.
-
Lenders to Thomas Cook have agreed to extend the maturities and relax financial covenants on the company’s £1.4bn of loans to give the UK travel agency more flexibility to resurrect its business.
-
Signing ceremonies can be stressful things, particularly if you’re the lead banker. Your colleagues are there, your client is there and, most daunting of all, your peers and rivals from the other mandated lead arrangers are there. It’s imperative to get things done smoothly and quickly so the corks can pop and everyone can congratulate each other over some bubbles.
-
The commitment deadline for bathroom and kitchen-fittings company Grohe’s €300m-equivalent cov-lite loan has been brought forward five days to May 11 as bankers predict a strong response from CLO investors who hold the company’s existing FRN, which the new loan is refinancing.