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Leveraged loans in stressed sectors like software carry refinancing risk
Ferrero International markets €300m deal
Six tranche loan attracts record demand
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Multi-billion transaction enters empty leveraged loan market -
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Jumbo new money deals are still not close, but amends and extends are raising confidence
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Hearing aid maker uses ESG linkage, nappy producer offers covenants
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◆ An attempt to raise standards in the SLL market ◆ Will WE Soda’s IPO pop? ◆ Grocer price caps enrage bond investors
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Deal increased from €150m to €350m
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