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 are beginning to question whether the ancillary business on offer really justifies losses on cut-price loans to Turkish banks. The debate may not lead to increased pricing for the top tier names but it doesn’t bode well for the borrowing costs of smaller Turkish FIs.
-
Bookrunners on Com Hem’s Skr4.25bn (€466m) term loan ‘B’ have increased the margin by 25bp to 500bp, in a move that suggests there is little sign of an increase in institutional appetite for leveraged loans.
-
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.
-
Belgian pharmaceutical firm UCB has amended a €1bn revolving credit facility to extend its maturity to 2019.
-
Leveraged finance bankers working on potential LBOs for Ameos and Kondor expect both deals to be done mainly on a club basis, as syndicating to funds remains a hard slog.
-
Raiffeisen Bank Romania (RBRO) has signed a €150m deal with the European Bank for Reconstruction and Development (EBRD) and a group of international lenders.