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
-
A £150m term loan ‘B’ facility, part of a £190m refinancing of the O2 Arena’s £186m of existing debt, will be signed next week with lenders’ commitments scaled back.
-
Belgian cable firm Telenet has completed an exchange and offer for the term loan ‘G’ of its senior credit facility, extending the maturity of its debt.
-
Albaraka Turk Katilim Bankasi has launched syndication of its $150m dual-currency one year murabaha facility.
-
Russian financial institution VTB this week signed its record-breaking $3.13bn three year unsecured loan, the largest ever for a bank in central and eastern Europe. The successful completion showed that lender appetite was strong enough to ignore concerns about the borrower’s potential exposure to $8bn of bad real estate loans at Bank of Moscow.
-
Two very different Ukrainian borrowers are in the loan market — agricultural credit Ukrlandfarming and steel producer Metinvest. The number of banks willing to lend to Ukrainian names is smaller than other eastern European countries, but both deals offer returns that many might find appealing.
-
Everyone looked well-groomed for Société Générale’s summer do last Monday — it was held in the posh courtyard of the V&A Museum in South Kensington, after all. But there was something even more polished about Richard Hill’s appearance.