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
-
Russian oil company TNK-BP last week signed its $1.5bn four year amortising loan. Bank of America Merrill Lynch and BTMU were joint co-ordinators.
-
Endesa refinances 2012 maturities
-
Sisecam‘s Russian subsidiary has signed a Rb2.1bn ($73m) five year loan. The amortising facility was co-ordinated by WestLB.
-
Spanish utility firm Endesa has signed a new €3.242bn syndicated loan to refinance facilities due in the first half of next year. Some 13 banks have committed to the new deal, which will mature in 2016.
-
Independent Russian gas producer Itera has signed a $325m five year loan with a club of four banks.
-
The leveraged loan market received a further reminder on Thursday of the long-term funding challenge it faces, with a report from Standard & Poor’s that said the lack of new CLO creation may lead to a second spike in defaults in Europe.