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
-
Russian banks will lend about 20% more in 2012 than last year, said Fitch Ratings on Monday, after their lending grew 30% in 2011. Meanwhile, international lenders continue to find Russian deals sparse.
-
Africa has been keeping emerging market loans desks busy as deal flow remains lethargic in the Middle East and eastern Europe.
-
French building materials firm Lafarge is amending its €1.65bn revolving credit facility, extending the maturity by two years to 2015 and increasing the out-of-the-box margin to 200bp.
-
Loans bankers in Asia ex-Japan have suffered their worst start to the year in seven years, after managing to close deals for just $10bn in January across domestic and offshore loan markets.
-
The shine has come off the offshore renminbi market. Funding costs are rising, bond investors are posturing and some analysts now think that renminbi deposits in Hong Kong will fall this year, after an almost unbroken growth streak for the past two years. That is bad news for loans bankers.
-
Indonesian shipping company Berlian Laju Tanker is considering a possible debt restructuring and has yet to decide whether to continue with interest payments. It froze repayments on its outstanding debt at the end of last week after telling investors that one of its subsidiaries had breached a loan covenant.