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
-
-
South Africa’s Investec is seeking a two year dual currency loan of up to $750m, according to bankers away from the deal.
-
Lenders have agreed to extend the maturity of a $1.16bn three year loan for Dubai Holding to December 2016, according to a spokesperson for the company.
-
French investment company Eurazeo has signed a new €1bn five year loan facility with a syndicate of 14 banks. The revolver, which has a margin of 80bp, was 1.5 times covered.
-
Funding conditions for banks lending in the emerging markets have deteriorated, according to banks polled in a survey by the Institute of International Finance (IIF), although overall conditions improved.
-
Syndication of LBO loans such as Com Hem and Jack Wolfskin may be hit by falling prices in the secondary market as investors believe they can find greater relative value in the aftermarket. Traders are reporting very small trading volumes, but most investors are focused almost solely on the secondary market.