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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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Banks and companies try to decipher how big the EU’s plans could get -
An issuer could be viewed as in default even if investors agree to a rouble payment, said one agency
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States will need to work out how to service the debt
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Issuer planning $3bn more, but no new debt due despite bankers’ hopes
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Interest in renewables could bloom, but many investors remain cold on new fossil fuel projects
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Major US firms will not bid for BNY Mellon’s $43bn credit manager
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