sections

Friday, 23 February 2018

Jonathan Schwarzberg' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • Investors threaten not to fund Staples loan

    Loans | 22 January 2016

    Investors are threatening not to fund a US$2.75bn loan backing office supply retailer Staples’ purchase of rival Office Depot after pricing moved against the deal. This could delay the completion of an acquisition already challenged by antitrust issues.

  • Leveraged prices up in difficult market

    Loans | 15 January 2016

    Leveraged loan pricing is rising in the US as the first big deals of the year including a US$2.525bn buyout loan for retailer Petco Animal Holdings edge out into a turbulent market. Falling oil prices are dragging equities lower and complicating efforts by embattled banks to sell a multibillion dollar overhang of loans that were delayed from last year.

  • Leveraged loans hit turbulence, but will avert crisis

    Loans | 18 December 2015

    The leveraged finance market is not set to repeat the credit crisis of 2007–2008 despite severe dislocation in the credit markets at year-end after a slump in crude oil prices and a rout in the high-yield bond market, industry leaders said.

  • Loan House & Americas Loan House: Citigroup cartoon

    Loan House and Americas Loan House: Citigroup

    All Special Reports | 18 December 2015

    In a volatile year that made the long-awaited return of M&A a nerve-wracking affair for underwriters, Citigroup showed its commitment to clients as it deployed capital and consistently took risk. For this reason, Citigroup is IFR’s Loan House and Americas Loan House of the Year.

  • Corporate Issuer: First Data cartoon

    Corporate Issuer: First Data

    All Special Reports | 18 December 2015

    Even great businesses can suffer when their capital structure is carrying too much leverage. For executing an astonishing capital turnaround that culminated in a successful IPO, First Data is IFR’s Corporate Issuer of the Year.

  • North America Leveraged Loan: PetSmart’s US$4.3bn buyout loan

    All Special Reports | 18 December 2015

    When retailer PetSmart went to market in February with a US$4.3bn term loan to back its buyout by BC Partners, the outcome was uncertain at best, but the deal ended up being a success for the issuer and the lenders who put their confidence in the credit.

  • US Loan House: Citigroup cartoon

    US Loan House: Citigroup

    All Special Reports | 18 December 2015

    In a year when big acquisition financings dominated the US loan market, Citigroup showed the breadth of its lending business. It led the second-largest investment-grade bridge loan, participated in the biggest bridge loan and led the largest leveraged buyout loan to become IFR’s US Loan House of the Year.

  • Corporate Issuer: First Data cartoon

    Americas Issuer: First Data

    All Special Reports | 18 December 2015

    Even great businesses can suffer when their capital structure is carrying too much leverage. For executing an astonishing capital turnaround that culminated in a successful IPO, First Data is IFR’s Americas Issuer of the Year.

  • US Leveraged Loan: PetSmart’s US$4.3bn buyout loan

    All Special Reports | 18 December 2015

    When retailer PetSmart went to market in February with a US$4.3bn term loan to back its buyout by BC Partners, the outcome was uncertain at best, but the deal ended up being a success for the issuer and the lenders who put their confidence in the credit.

  • ​Staples loan still in place despite FTC complaint

    Loans | 11 December 2015

    Office supply company Staples’ US$2.75bn term loan backing the US$6.3bn acquisition of fellow retailer Office Depot will remain in place until February 4 2016, as planned, even though the Federal Trade Commission filed a complaint last week challenging the merger due to antitrust concerns.