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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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Bridon Bekaert has allocated its €250m acquisition loan at the early bird stage, with no further syndication required. -
Diebold, the US cash machine (ATM) manufacturer, had bank meetings this week for its $1.3bn term loan ‘B’, backing its $1.8bn acquisition of Wincor Nixdorf.
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A $300m three year loan for Development Bank of the Philippines (DBP) has been allocated, with the borrowing capped at the launch size despite an oversubscription.
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India's Dewan Housing Finance Corp is tapping the loan market for a $100m financing, three months after it held a non-deal roadshow in Asia.
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Ping An Real Estate Capital, a subsidiary of Ping An Insurance Group, is hunting for $200m from the syndicated loan market.
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Tata Steel is speaking to banks for a $600m loan to refinance debt related to its Canadian operations, GlobalCapital Asia understands.
