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
-
Tajikistan’s Bank Eskhata has borrowed $8m from development banks and a German co-operative bank.
-
Swiss travel retail firm Dufry has closed syndication of a $1bn loan it used to back the takeover of assets in South America and Armenia. The five year multi-currency line was underwritten by nine banks, but after the deal was oversubscribed in syndication all lenders have had their commitments scaled back.
-
Commitments are due on Friday on a €1.3bn acquisition facility for Belgian building materials firm Etex with the loan expected to be oversubscribed.
-
Russia’s largest bank by assets, Sberbank, has sent international banks a request for proposals for a syndicated loan of up to $2bn. The invitation did not mention the margin it hopes to secure but three bankers said that Sberbank indicated in one-to-one discussions that it wants to set a new benchmark for Russian financial institution pricing.
-
Finnish paint maker Tikkurila has signed a €180m club deal to refinance its debut syndicated loan signed last year.
-
Switzerland’s Nestlé has once again shunned conventions in the European loan market to market its latest €4bn one year facility at a margin of just 10bp.