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
-
Dutch commodities trading company Trafigura has pushed back the closing date of its $700m loan to wait for one more commitment. Bankers think the deal is struggling with a now familiar problem of oversupply in the commodity sector — and could be suffering for pricing its deal tightly at the start of August, before bankers reassessed pricing after a solid month of volatile markets.
-
Turkish bank Yapi Kredi, which is seeking to match the 100bp all-in loan margins achieved this summer by rivals Akbank, Isbank and Vakifbank, has still not agreed pricing on a new one year refinancing loan.
-
A syndicated loan for Ukrainian agricultural credit Ukrlandfarming has been put on hold until Oleg Bakhmatyuk, who owns 100% of the borrower, transfers his 77.49% stake in London-listed Ukrainian egg producer Avangard to the company.
-
Three fertiliser subsidiaries of Orascom Construction Industries (OCI) are in talks with banks to refinance outstanding debts totalling over $2bn.
-
Loan market participants have been advised to start setting up the settlement infrastructure on their secondary desks, as the Loans Market Association warned that the sector needed to focus on ways to support market liquidity.
-
Switzerland-based Mercuria Energy Trading will finish a roadshow for a $480m loan on Thursday, pitching new banks on a revolving credit facility which will refinance a deal the company signed at the end of last year.