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
-
Swiss commodities trading firm Mercuria Energy Trading has launched the syndication of two new revolving credit facilities of $1.3bn and €100m, having mandated nine banks to lead the deal. ABN Amro, BNP Paribas, Crédit Agricole, ING, Natixis, Rabobank, Royal Bank of Scotland, Société Générale and Standard Chartered are acting as the mandated lead arrangers and bookrunners for the facilities, and will hold a bank meeting in London on April 18.
-
Nordea and SEB have arranged a senior loan package to finance private equity firm Altor’s takeover of Danish industrial group Haarslev Industries from Odin Equity Partners.
-
Oil trading firm Oman Trading International (OTI) has borrowed $480m through its Dubai and Singapore operations to renew and increase a one year borrowing base facility. The facility was bumped up from last year’s $300m as OTI’s financing needs have increased, according to the trading firm’s finance director Amer Al Jabri.
-
A €2.5bn facility launched by French drinks manufacturer Pernod Ricard to replace its Vin & Sprit acquisition line from 2008 has already received a strong reception in syndication and is expected to be an "absolute blowout", according to a banker close to the deal.
-
Siemens this week wrapped up its €4bn revolving credit facility with a margin of just 30bp, the tightest European loan pricing so far this year. Such is the strength of top notch German corporate borrowers, however, that the loans market barely batted an eyelid. Some 33 lenders piled into the deal.
-
Dechra lands club loan for Eurovet takeover