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United States

Jonathan Schwarzberg

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Jun 15 2018

Tensions rise as private equity-backed companies push limits

NEW YORK, June 15 (LPC) - Investors are taking the fight against an assault on leveraged loan documentation to the courts as more private equity-backed companies, such as troubled retailer PetSmart, seek flexibility that could lead to raising new debt.

Jun 13 2018

Envision US$9.9bn leveraged buyout by KKR adds to private equity deal bonanza

NEW YORK (LPC) - Private equity firm KKR & Co’s US$9.9bn leveraged buyout (LBO) of physician service provider Envision Healthcare has helped boost private equity deal volumes to levels not seen since before the credit crisis.

Jun 06 2018

More U.S. companies shelve refinancings as markets turn choppy

NEW YORK (LPC) - At least two more US companies have postponed opportunistic leveraged loan refinancings after failing to attract investors at the proposed terms on heightened worries about global volatility, sources told Thomson Reuters LPC.

Jun 05 2018

MOVES- Deutsche Bank names new co-heads of US leveraged finance

NEW YORK, June 5 (LPC) - Deutsche Bank has named a pair of new co-heads of U.S. leveraged finance after the two bankers who previously led the unit have left the German bank, according to a memo which was confirmed Tuesday by a bank spokesperson.

May 31 2018

Loan repricings lead to market fatigue as deals pulled

NEW YORK (LPC) - Fatigue for repricings has settled over the US$1trn US leveraged loan market after more than 275 companies have turned to the segment over the last three months, many to cut borrowing costs, leading some of the most aggressively priced deals to trade off or even be pulled.

May 31 2018

Leverage nears pre-crisis heights as regulators soften their stance

NEW YORK (LPC) - Leverage levels for buyouts are close to pre-credit crisis levels as banks are more willing to underwrite highly leveraged deals following the Office of the Comptroller of the Currency’s softened stance towards lending risk.

May 30 2018

Uber seeks to cut pricing on $1.13 billion term loan

NEW YORK (LPC) - Ride-hailing service Uber Technologies Inc is asking lenders to lower pricing on its $1.13 billion term loan due in 2023, sources said.

May 25 2018

Regulated banks wary of highly leveraged Vertafore deal

NEW YORK (LPC) - US insurance software provider Vertafore has chosen banks that are not subject to leveraged lending guidance to lead an aggressive US$2.4bn dividend recapitalization, which shows that regulated lenders are still wary of highly leveraged deals.

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