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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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India’s Yes Bank is eyeing Taiwanese liquidity for a $100m term loan that comes with an undisclosed greenshoe option.
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A Hong Kong-based senior banker at HSBC, who has worked in the syndicated loans team for nearly a decade, is understood to have left the bank.
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US packaging firm Coveris is hoping to join a rush of transatlantic issuance, as it marketed a $350m dollar and euro denominated loan over a lender call on Wednesday.
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New Zealand-based packaging firm Reynolds Group has priced its $2.25bn loan package at the tight end of guidance, following what one investor called a "crazy" syndication phase.
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The word of the week in corporate financing markets is Teva — except when it’s Softbank.
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A subsidiary of Malaysian upstream oil and gas company UMW Oil & Gas Corp has approached the syndicated loan market for a $150m fundraising.