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
-
Qatari gas project Barzan has invited banks to commit to its $4.7bn project financing loans. However, European lenders described the initial margin, 130bp, as "aggressive" in light of the increased cost of dollar funding although several bankers said that the deal would raise enough commitments.
-
A total of 22 banks committed to Gazprombank’s $1.2bn three year bullet loan, including eight new lenders.
-
Kuwait’s Global Investment House has started talks with lenders over a second debt restructuring agreement. Global was one of the first Middle East borrowers to restructure its debt — $1.7bn in January 2010 — after the global financial crisis.
-
It was another emotional few days for the loan market last week —at times Loan Ranger felt like a Samaritans’ helpline when talking to people from the leveraged market. But there is one glimmer of light in the form of an extra 50bp on the margin for Russian coalminer Suek’s new deal. Loan bankers have been insisting that pricing must go up for months but Loan Ranger gets the feeling that for some at least it’s a bittersweet victory.
-
-