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
-
South African miner Northam Platinum has negotiated a five year R1bn ($125m) bilateral revolving credit facility from Nedbank.
-
Ukrainian steel credit Metinvest has wrapped up a refinancing loan worth $1bn from a dozen banks after struggling to reach the $1.2bn soft target it had initially been seeking in July.
-
A bids wanted in competition (Bwic) comprising assets of €123m from an institutional investor has livened up a quiet secondary market, traders said on Monday.
-
UK directories company Yell Group has written to lenders outlining the proposals to amend its net debt to Ebitda ratio covenants as it looks to avoid default. The company is also looking to increase the amount of cash it can spend repurchasing its own debt from £108.4m to £159.5m.
-
Turkish oil refiner Tupras has completed a $2.1bn financing package, split between a term loan and export credit agency (ECA) backed loans.
-
CIBC, Citi and HSBC have joined syndication of the $260m of leveraged loans backing the buy-out of V.Group by Canadian pension fund Ontario Municipal Employees Retirement System (OMERS). It acquired V.Group, the parent company of Scottish shipping services company V.Ships, from Exponent in July. Royal Bank of Canada has underwritten the deal.