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
-
Banks’ difficulties in accessing funding did not have a detrimental affect on UK corporates’ access to loan financing over September, according to a report from the Bank of England released this week, but treasurers are bearish about their outlook for the coming 12 months.
-
There was a strong turnout at the bank meeting held on Thursday morning to discuss the €4bn of loans backing G4S’s takeover of Denmark’s ISS, according to bankers close to the deal.
-
Two private Russian financial institutions are set to sign fresh credit lines on Thursday. Nomos and Promsvyazbank will both sign loans with an all-in margin of around 300bp.
-
Dutch utility Eneco has reduced the size of its revolving credit facility and its bank group, signing a €1.25bn transaction this week with a syndicate of nine banks.
-
A refinancing deal for Metinvest will be smaller than the loan of up to $1.2bn the Ukrainian steelmaker initially sought. It has raised over $950m but has not decided whether to sign at that level or take $850m and allow the senior group to scale back their commitments.
-
Syndication of the €205m of leveraged loans backing 3i’s buy-out of building fasteners manufacturer Etanco from IK Investment Partners is set to close and fund on Thursday, said bankers close to the deal.