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
-
Leveraged finance market participants expect the mezzanine loan and high yield bond markets to move closer together as European mezzanine providers may have to sacrifice privileges in terms to create dealflow.
-
Swedish tissue manufacturer Svenska Cellulosa Aktiebolaget (SCA) has set up new credit facilities to support its €1.32bn takeover of Georgia-Pacific’s European tissue operations.
-
Commodities company Arcadia Energy signed a $280m loan at the end of last week, after finding $35m of demand in syndication. The bookrunners found commitments from four banks, allowing them to increase the deal above the $245m launch size.
-
Bakrie Sumatera Plantations (BSP), an Indonesian palm oil company, won its race against time to find enough money to repay a $185m bond that matured at the start of November.
-
China’s Home Inns & Hotels Management has two commitments worth $45m for its $240m acquisition financing, which will be used to buy local rival Motel 168. Funding officials from the company met potential lenders on a roadshow last week, and the leads are deciding how much of the deal they want to sell down.
-
Australian gold producer Newcrest Mining raised $1bn in the international bond market at the start of the week, making its public bond debut after moving to bring its debt maturities much closer in line with its assets.