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
-
European banks are continuing to cut their exposure to Middle East financial institutions, with five deciding against rolling over their commitments to a facility for National Bank of Fujairah. Two non-European banks also dropped out, but with three new firms joining the group, the $235m two year loan was still a success for the borrower.
-
New World Development has approached a select group of banks with a HK$2bn ($256.6m) facility, the borrower’s first syndicated loan in over three years.
-
Andrew Shapiro has been appointed global head of loan syndications and trading, and head of structured finance UK, at BNP Paribas. He replaces Julian van Kan, who left the loan market in May to join the bank's FIG team. Shapiro was most recently head of corporate acquisition finance and value preservation group for the Americas and is relocating from New York to London for his new role.
-
Sole underwriter IKB has launched early-bird syndication of Eu185m of loans backing Triton’s acquisition of mining and construction company DYWIDAG-Systems International (DSI).
-
Norwegian hydropower utility Hafslund has signed a Nkr3.6bn ($645m, Eu453.9m) revolving credit facility to refinance a Eu400m deal set to expire next year. The new five year plus one plus one transaction will be used for general corporate purposes.
-
France’s Cegedim has signed a new five year syndicated credit facility of Eu280m, after being increased from Eu250m due to oversubscription.