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
-
Russia has moved a step closer to a fully functioning domestic syndicated loan market after its second largest banking union asked the Loan Market Association (LMA) to help it create standardised loans documentation.
-
In 2011 loan volumes in the Middle East scraped along at their lowest levels since 2004. The overwhelming reply to EuroWeek’s poll of whether this will change in 2012 was a widespread shrug of the shoulders and raise of the eyebrows. More than 60% of respondents said that after the turbulence of 2011, forecasting beyond a week is impossible.
-
European borrowers in the syndicated loan market have yet to face up to the reality of the increasing cost of bank facilities in 2012, bankers warned this week. Tough discussions are expected over the pricing of new transactions and extension options in the coming few months.
-
Croatia’s only integrated oil company, INA, has sent lenders a request for proposals (RFP) for a new loan. But bank deleveraging in emerging Europe could hinder the process, bankers said.
-
Institutional investors expect to provide increasing volumes of unitranche financing and other forms of direct loans for LBOs and refinancing as commercial banks reduce their lending. Their bullish stance counters the scepticism of some bankers who query borrower demand for the high margin product.
-
Rusal’s lending group had to adopt a "pragmatic stance" after heavy negotiations saw a covenant holiday option added to the aluminium producer’s October 2011 $4.75bn pre-export finance package, according to a banker.