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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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China Modern Dairy, which prepaid an old syndicated loan early last year, is back for a $300m three year offshore borrowing.
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General syndication for Indian data analytics firm Mu Sigma’s debut loan is in its last leg, with three banks having committed so far.
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BNP Paribas has hired a senior banker from Bank of America Merrill Lynch as part of an expansion of its financial sponsors coverage effort.
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Pricing has emerged for a $250m borrowing for Gajah Tunggal, an Indonesian tyre maker, according to bankers.
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Chailease International Finance Corp has sealed a $250m term loan after obtaining more funds than initially planned, in its second outing to the market this year.
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Clarion Events is set to launch the loan funding for its acquisition by private equity firm Blackstone next week or soon after. The buyer also has funding for a deal to buy Paysafe in the pipeline.