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
-
Linklaters finance partner Arnaud Fromion has joined rival Shearman & Sterling as a partner to capitalise on what the law firm sees as “growing opportunities in the leveraged finance markets”.
-
A Sfr300m ($404m) add-on loan raised by CVC-owned Swiss telecoms firm Sunrise Communications has been placed at par, with some of the existing syndicate committing more than their pro rata share.
-
IDBI Bank approached lenders with a $250m one and three year loan this week that bankers are optimistic will do well despite turbulent equity and credit markets. Some 10 bookrunners have agreed to cover the deal, and the borrower will use any commitments in general syndication to boost the loan.
-
State-owned Indian Railway Finance Corp approached banks with a $200m loan on August 5, offering a haven to lenders shocked by the steady flow of bad news and volatility over recent months.
-
Banks are seeking credit approval to lend to a crowd of commodity companies waiting to tap the loan market. Stemcor, Mercuria Energy and Arcadia Energy are all looking to refinance maturing loans — and bankers could launch the first of these deals by the end of the month.
-
Asian loans bankers remained upbeat this week as investors fled stock markets and new bond issues stalled. Lenders think it will be some time before liquidity and pricing in the loan market will be hit — and they are still launching new deals.