NEW YORK, April 18 (LPC) - The outlook for global corporate
credit spreads improved in the first quarter by the most in
nearly four years, with little change expected now that the
Federal Reserve has paused its three-year interest rate hiking
campaign, according to a quarterly survey by the International
Association of Credit Portfolio Managers.
NEW YORK, April 12 (LPC) - Bankers are looking for growing
opportunities to extend loans to private corporations preparing
to issue shares and go public as the pace of US initial public
offerings (IPOs) gains momentum.
NEW YORK, March 29 (LPC) - US syndicated lending sank to its
lowest quarterly level since the first quarter three years ago,
retreating after two straight record issuance years, after
fourth quarter volatility and growing economic concerns steered
many borrowers to the sidelines.
NEW YORK (LPC) - Global standards set in place by loan trade associations this week that tie syndicated loan pricing to companies’ sustainability performance are expected to stimulate the budding U.S. green lending market.
NEW YORK, March 6 (LPC) - Banks, fresh off of a record year
of providing pro rata loans to highly indebted corporate
borrowers, are finding steady demand this year from issuers
seeking to lock in lower interest rates as non-bank pockets have
thinned and their funding becomes more expensive.
NEW YORK, Feb 21 (LPC) - US high-grade companies including
Fiserv and Keurig Dr Pepper have increasingly turned to term
loans, which are cheaper to issue and easier to prepay than
longer-term bonds, as they prioritize debt reduction to avert
credit rating downgrades.
NEW YORK (LPC) - The combination of two Southeast regional banking giants BB&T Corp and SunTrust Banks Inc, in a deal valued at $66 billion , positions the combined company to compete with rival lenders on a national scale.
NEW YORK, Jan 25 (LPC) - US high-grade companies, including
Bristol-Myers Squibb, are boosting the loan element of
multibillion dollar acquisition financings in a move that could
stretch some banks’ balance sheets.
NEW YORK, Jan 17 (LPC) - Corporations globally will
increasingly default on debt as economies slow while borrowing
costs and political strife escalate, according to a quarterly
survey by the International Association of Credit Portfolio
NEW YORK, Jan 11 (LPC) - Bankers are diagnosing another
robust year for US healthcare lending. The first two big loans
of 2019 are financing the acquisitions of pharmaceutical
companies, including the largest ever tie-up in the sector, and
more are expected.