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Syndicated Loans

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  • Credit Suisse’s fourth quarter results showed damage from the high yield and leveraged finance market’s tantrum in the last quarter of 2018. The bank was also hit by a Canada Goose block trade gone wrong.
  • Santander hires European ABS trading head – Créd Ag shuffles CIB – Liquidnet appoints president
  • Highgate School is marketing a US private placement (USPP), according to two USPP players. The market has become a home for private and public schools looking for long-term financing.
  • UBS is re-balancing its corporate finance business to end its reliance on its Financial Institutions Group with impressive results, writes David Rothnie.
  • UK media company Future has signed a £90m revolver and an infrastructure project is attracting continental demand, as European banks still show strong interest into sterling-denominated transactions despite the uncertainty around Brexit headed into Thursday’s parliamentary debate.
  • Grŵp Cynefin, a housing association that manages properties in north Wales, has issued an inaugural sterling debt private placement.