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UBS promotes bankers to replace leveraged finance specialist
Tightening trend in private credit pricing has reversed since April 2, but reliability is funds' trump card
The asset manager sees higher demand than ever as direct lending proves solid during a crisis
Loan bankers say that some sectors look particularly shaky after Trump tariffs
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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. -
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.
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Spanish waste management company Urbaser has postponed a €1.63bn prospective term loan ‘B’, with sources close to the deal blaming summer fatigue.
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Chinese online travel agency Tongcheng-Elong Holdings is making its debut in the offshore loan market for $200m.
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Hightown, a housing association located north of London, has agreed a £100m unsecured green private placement, suggesting a modest growth in appetite for unsecured investment in the sector.
