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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
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Indian mortgage lender HDFC is seeking $375m five year money in general syndication and is set to receive the entire loan from the leads this week.
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Airbus Group has allocated its €425m term loan ‘B’, backing KKR’s €1.1bn buyout of Airbus' defence electronics business.
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Ethypharm, the French pharmaceutical firm, has released price guidance on its €337m seven year term loan ‘B’, following a bank meeting on Wednesday morning.
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Corporate bond new issuance in Europe has eased off the accelerator, with market participants talking of oversupply in recent weeks. But two events on the horizon are exerting an influence: the Brexit referendum on June 23 and the European Central Bank’s expected start of its Corporate Sector Purchase Programme.
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Indonesia's Mitra Pinasthika Mustika Finance has launched the retail phase of a $100m borrowing, in what is the company's second outing in the syndicated loan market.
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Italian construction firm CMC di Ravenna has launched a €150m credit facility in a levfin market where loans have the upper hand.