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Agreement includes accordion facility
Flooring company's bespoke 'super senior funding' was done away from the syndicated loan market
Scrabble expected to sign deals before summer
UBS promotes bankers to replace leveraged finance specialist
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Strategic Value Partners has closed its fifth special situations fund at its hard cap of $5bn, as it tries to differentiate itself from other distressed debt funds through direct sourcing. -
Taiwan’s Qisda Corp, which designs and makes electronic products, has wrapped up the first round of bidding for a NT$10bn ($358m)-equivalent dual currency loan.
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Aggreko, a Scottish company which offers temporary power, heating and cooling generation, has signed £2.5bn worth of loans to fund its acquisition by TDR Capital and I Squared Capital.
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Nordea Asset Management has appointed a new head of high yield, as its former head Torben Frederiksen left the company on Friday.
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An international consortium is seeking a $275m loan to support its acquisition of DuPont Clean Technologies.
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Bank of America has hired Uday Malhotra back from Goldman Sachs as head of leveraged finance origination in EMEA in London, while Eddie Martin, a managing director in the division, is relocating to the US.
