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Sxiteen additional lenders joined the syndicate as Uniper and Amazon sign offtake PPAs
CLOs and high yield bonds offer different avenues as securitization shows limits on tenor and size
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
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A $725m loan for Indonesia Eximbank has been allocated, with lenders that committed only to the shorter, three year tranche, experiencing a bigger scaleback than those that opted for the five year.
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Cement producer TCC International Holdings has decided to increase the size of its five year fundraising to $540m from $450m, exercising the full greenshoe.
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China Minsheng Hong Kong International Leasing has hit the loan market for a fresh money borrowing of $200m, via two mandated lead arrangers and bookrunners.
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Morrison Utility Services is to launch this week loans backing the first UK leveraged buyout since Britain’s vote to leave the EU, according to a banker with knowledge of the deal.
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Human resources company Randstad will draw down on its existing credit facilities to fund its acquisition of Monster Worldwide, a recruitment service connecting employers and potential employees. The $429m merger could mark the end of a highly acquisitive period for the Dutch group, as the company vowed to limit further M&A spending.
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Chailease International Financial Service has upped its three year revolving facility to $195m from an initial size of $130m after some 20 lenders joined during general syndication, sources said.
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