Top section
Top section
Leveraged loans in stressed sectors like software carry refinancing risk
Ferrero International markets €300m deal
Six tranche loan attracts record demand
More articles
More articles
More articles
-
Luxury auto dealership China Zhengtong Auto Services is seeking an up to $150m three year loan, offering banks margin and fees that are identical to a borrowing sealed in January.
-
ADO Properties is seeking to raise Schuldschein debt, a month after shelving a eight year public bond after a high profile bribery case in Israel implicated its chairman.
-
General Electric’s distributed power unit began marketing a $1.8bn leveraged buyout loan. The deal has high net leverage and tight pricing guidance, two of the possible risks in the market underlined by the Bank for International Settlements (BIS) this week.
-
The lengthy complaint about HSBC management drafted, purportedly, by investment bankers within the firm must be taken seriously and investigated, if its new CEO John Flint wants to win the confidence of the rest of the staff and shareholders.
-
The UAE’s Majid Al Futtaim has signed a $1bn revolving credit facility, ramping up the size of the revolver being replaced despite large scale backs to bank commitments.
-
A subsidiary of Petropavlovsk has refinanced a $204m loan, with the Russia-focused gold mining company using the exercise to reduce its balance sheet exposure to the debt.
Sub-sections