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
-
-
Citi, Credit Suisse and JP Morgan are arranging around $2bn of loans for Swiss life sciences company Lonza’s acquisition of Arch Chemicals, the US microbial control business. The loan comes as the western European investment grade market shows no evidence of having been affected by the eurozone sovereign debt crisis.
-
Loan Ranger thought last week’s thunder, lightning and monsoon-style rain was an appropriate backdrop to the general market panic last week. Any good Eurozone crisis needs apocalyptic weather to help set the appropriate mood.
-
-
New LBO loans for Gruppo Coin, the O2 and Vitalia all traded above the original issue discounts (OID) at which they allocated this week, but bankers said that no deals were likely to clear the leveraged loan market this summer without sweetening the offer to investors.
-
Bookrunners on the Z14.3bn (Eu3.6bn) debt package backing the takeover of Polish telecoms firm Polkomtel by entrepreneur Zygmunt Solorz-Zak have launched Z6.394bn of senior loans into syndication. They have begun syndication in zloty, hoping to raise as much as possible in the local currency before later approaching funds that deal in euros.