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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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Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is understood to have increased the size of its borrowing to $200m — double the launch size.
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The trading arm of China’s Tewoo Group is raising a $100m two year onshore loan, with the amortiser offering banks an additional incentive for early commitments.
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VietinBank, one of the four largest state-owned commercial lenders in Vietnam, has seen commitments come in during general syndication for a $100m three year facility.
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Pillarstone, a non-performing loan and advisory company owned by KKR, has appointed John Davison, former head of the strategic investment group at RBS, as its new chief executive.
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Africa Loans — Bulgarian Energy Holding — OSN — Conviviality
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Axis Bank has begun sounding out lenders for a $274m loan related to Indian pharmaceutical firm Strides Arcolab's recent acquisition in Australia.