NEW YORK, Dec 5 (LPC) - Euro-denominated loans are trading
better on recent cross-border deals from issuers such as
Refinitiv, the former Financial & Risk unit of Thomson Reuters,
and Akzo Nobel’s chemical unit, in the midst of turbulent market
conditions in the US.
NEW YORK (LPC) - Some US leveraged loans are struggling to clear the market after volatility in global equities pulled secondary loan prices lower and prompted a correction that has stranded opportunistic deals in the primary market as sentiment turned.
NEW YORK, Nov 23 (LPC) - Volatility in the equity and bond
markets has pushed US secondary loan prices to levels not seen
since 2016 and is putting pressure on deals in the market as
investors demand better terms.
NEW YORK, Nov 16 (LPC) - US investors are taking advantage
of volatility in the equity and fixed income markets to extract
pricing concessions and document changes on some recent buyout
loans, including a US$4.975bn financing backing Apollo Global
Management’s US$5.6bn acquisition of hospital company LifePoint.
NEW YORK, Nov 15 (LPC) - The US leveraged loan market is
looking forward to its first jumbo buyout loan of 2019 after the
US$13.2bn acquisition of Johnson Controls International Plc’s
power solutions business by private equity firm Brookfield
NEW YORK, Nov 9 (LPC) - Billionaire Elon Musk's rocket and
spacecraft company SpaceX is testing lenders' risk appetite as
it seeks to raise a US$750m term loan that will give the company
additional balance sheet cash.
NEW YORK (LPC) - Elon Musk’s rocket and spacecraft company SpaceX on Wednesday circulated pricing on a proposed $750 million term loan that will put cash on the company’s balance sheet, two sources said.
NEW YORK (LPC) - Elon Musk's Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said.
NEW YORK, Nov 2 (LPC) - Wall Street is warming up to the
idea of financing marijuana producers as the sector blossoms,
but concerns with regulation and reputational damage could stop
banks from lending in the short term.
NEW YORK, Oct 19 (LPC) - Leverage ratios on private
equity-backed deals are rising again as banks compete more
aggressively for lucrative private equity loans after regulators
relaxed leveraged lending guidelines earlier this year.