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
-
Turkiye Vakiflar Bankasi (Vakifbank), Turkey’s third largest state bank by assets, said today that it had signed a dual tranche loan, split between a $152m tranche and a €586.7m piece.
-
UK firm Dechra Pharmaceuticals has obtained a £120m loan facility which, along with a rights issue of around £60m, will be used to back its acquisition of Netherland’s Eurovet Animal Health from AUV Holding from €135m (£112.5m).
-
Law firm DLA Piper has hired Justin Conway as a partner to expand its restructuring practice in London. Conway started on Tuesday and reports to the London head of restructuring at DLA Piper, Michael Fiddy.
-
Ukrainian steel credit Metinvest has launched a $300m three year loan into general syndication. The borrower will mostly look to its relationship banking group for funds, although others have been invited to participate, according to a loans banker familiar with the deal.
-
Germany’s Siemens (A1/A+/A+) has completed a €4bn revolving credit facility with a margin of 30bp, after commitments for the deal topped €7.5bn.
-
Turkey’s Vakifbank will be the first of the country’s financial institutions to match the 145bp all-in benchmark set by Akbank’s $1.25bn loan signed on March 20, a Vakifbank spokesperson confirmed. The Vakifbank deal is set to sign imminently.