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
-
Fund manager Avoca Capital is planning to list a senior loan fund, named Avoca Senior Loans Europe, on the London Stock Exchange on December 14.
-
Export financing appetite in the CIS is set for a boost after dual announcements from Russia and Ukraine that the countries are in varying stages of creating export credit agencies.
-
EM loans bankers are using the general syndication of the $1.5bn Norilsk Nickel pre-export financing to judge how well the market will react to Russian risk in the midst of eurozone woes.
-
Russian telecoms firm Vimpelcom has attracted 10 banks – four of them new lenders – to a $500m club deal, according to bankers. Each bank has taken a $50m commitment.
-
German reinsurer Hannover Re, rated AA- by Standard & Poor’s and A by AM Best, has renewed its $1bn standby letter of credit with a syndicate of 10 banks. The facility, which has a maturity of five years with two one-year extension options, was launched in October at $850m but was increased after oversubscription.
-
IDBI Bank became the first ever Indian borrower to tap the offshore renminbi bond market at the end of last week, selling a Rmb650m ($102.25m) bond that was increased after good demand from investors.