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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
William Liu joins from K&L Gates
Buyers line up €11bn of debt and equity financing
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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Tissue paper maker Youyuan International is tapping the loan market for a $120m 3.5 year facility, marking its return after a gap of two years.
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A former director-level leveraged finance banker at Lloyds joined Société Générale this month on a short term contract.
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Primary issuance of euro corporate bonds is catching up fast with the €134bn issued in the first half of 2015 .
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Chinese tissue paper maker Youyuan International has returned to the loan market after a two year gap and is seeking a $120m 3.5 year facility.
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Chinese auto rental company eHi Car Services, which made its debut in the international bond market late last year, has set its sights on a $150m syndicated loan.
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Airbus’s defence electronics unit has launched a €425m term loan ‘B’ backing private equity firm KKR’s €1.1bn acquisition of the business.