Top section
Top section
Swiss commodities firm has deleveraged thanks to elevated free cash flow
Innovation and ambition have been hallmarks of mergers and acquisitions activity this year, but there are some signs of weakness in private equity
Leveraged loans in stressed sectors like software carry refinancing risk
More articles
More articles
More articles
-
Speakers at a loan industry conference in New York on Wednesday highlighted the continued erosion in the quality of investor protections in leveraged loans, a trend that many expect will make recovery rates worse when the credit cycle turns.
-
A new grouping is set to join the legion of initiatives promoting a more sustainable financial system: the Principles for Responsible Banking.
-
Law firm Ropes & Gray has hired former Goldman Sachs managing director Carol Van der Vorst as a partner in its leveraged finance team in Europe.
-
Kartesia, the European direct lender based in London, has provided unitranche funding to Latvian glass coatings company GroGlass. As larger direct lenders are not active in the region, Kartesia and other smaller institutions see an opportunity in their absence.
-
Vodafone, the UK-based telecoms group, is planning a raft of capital market activity to finance its €18.4bn acquisition of Liberty Global’s cable assets in Germany, the Czech Republic, Hungary and Romania, including a second try of the ground-breaking mandatorily convertible bonds it issued in 2016.
-
The European leveraged finance primary market has been idling this week, with less than €1bn of paper on offer. Backstage, however, things have been buzzing.
Sub-sections