Edition:
United States

Jonathan Schwarzberg

Refinitiv, Akzo buyouts hand more ammunition to private equity firms

Sep 21 2018

NEW YORK (LPC) - The overwhelming response to the US$13.5bn buyout loan and bond financing for Refinitiv and the similar US$7.6bn debt financing backing Akzo Nobel’s spin-off of its chemicals business looks set to have far-reaching consequences for the debt markets.

Envision’s US$5.05bn loan marks jumbo buyout trio

Sep 20 2018

NEW YORK (LPC) - The US$5.05bn term loan for Envision Healthcare is the third massive leveraged loan to hit the market since September and also looks set to benefit from huge institutional demand which has already seen multibillion buyout loans for Thomson Reuters’ F&R business, Refinitiv, and Akzo Nobel’s Specialty Chemicals business successfully placed.

Refinitiv loan increased, pricing and documents tweaked

Sep 18 2018

LONDON (LPC) - The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ Financial and Risk (F&R) division has been increased to US$9.25bn from US$8bn and the high-yield bonds have been reduced.

U.S. investors take initiative on Refinitiv

Sep 14 2018

NEW YORK (IFR) - The US$13.5bn buyout financing for Refinitiv, the financial data and technology division of Thomson Reuters, has had a strong response from the US loan and bond markets, resulting in an oversubscription and potentially lower pricing.

Refinitiv's $8 billion buyout loan oversubscribed

Sep 13 2018

LONDON (LPC) - The $8 billion term loan backing Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ Financial and Risk (F&R) division is oversubscribed and is expected to price at the tight end of guidance after a strong response from the US market, bankers said.

Carlyle hires Broadbent for new debt financing group

Sep 07 2018

NEW YORK (LPC) - Carlyle Group has hired Tim Broadbent, the former head of US leveraged loan syndicate at Barclays, to lead a new group that will provide issuers and financial sponsors with capital markets advice.

Jumbo deals push U.S. buyout loans over US$100 billion

Sep 07 2018

NEW YORK (LPC) - A pair of huge loans backing the buyouts of Refinitiv, Thomson Reuters Finance & Risk division, and Akzo Nobel’s specialty chemicals business hit the Transatlantic loan markets after Labor day, pushing year-to-date volume over US$100bn along with other jumbo loans in the pipeline.

MOVES- Carlyle hires Broadbent for new debt financing group

Sep 07 2018

NEW YORK, Sept 7 (LPC) - Carlyle Group has hired Tim Broadbent, the former head of US leveraged loan syndicate at Barclays, to lead a new group that will provide issuers and financial sponsors with capital markets advice.

MOVES- Broadbent leaves Barclays

Sep 05 2018

NEW YORK, Sept 5 (LPC) - Timothy Broadbent has left his position as head of US leveraged loan syndicate at Barclays, according to a source familiar with the situation.

Attractive US leveraged loans to hold investors’ attention this fall

Aug 31 2018

NEW YORK, Aug 31 (LPC) - The US leveraged loan market is expected to take the lion’s share of the jumbo debt financings that are lining up for a post Labor Day launch, as investors continue to favor higher-yielding loans over junk bonds.

World News