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
-
Moody’s has said it would expect to upgrade Smurfit Kappa Group’s corporate family rating — from Ba3 to Ba2 — and roughly €1.6bn of high yield bonds, should lenders amend and extend the Irish packaging company’s bank facilities. Smurfit Kappa launched the request on Thursday morning alongside the release of its 2011 results.
-
A new self-arranged loan from telecoms firm Telefónica could set a benchmark for transactions for borrowers from peripheral European sovereigns, with the Baa1/A-/BBB+ rated corporate offering lenders a pricing premium to sweeten its Spanish connection.
-
Chinese e-commerce firm Alibaba Group is moving closer to buying back part of the stake that Yahoo! owns in it. Loans bankers working on a potential $3bn financing for the company are still pushing the deal through credit committees, but think they could be ready to finalise terms this week or next.
-
TURKEY Akbank lifts pricing but not enough, say bankers
-
Golden Eagle International Trading has increased a planned $220m loan by more than 50%, closing a $345m deal at the end of last week.