sections

Tuesday, 17 October 2017

Leela Parker Deo' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • Times Square Ball

    Looming tax changes drive deals

    Top News | 08 December 2012

    US high-yield bond issuers are looking to finance special dividends to shareholders and private equity-backed middle-market borrowers are securing dividend recapitalisation loans in record numbers ahead of a widely expected hike in tax rates.

  • 3i is considering targeting the US middle market through a business development company or through CLOs

    US middle market attracts European investors

    Loans | 20 October 2012

    A number of European institutional investors are turning to the US middle market in their hunt for yield as frustration with the hamstrung European credit markets drags on. Facing persistently low returns on government and public debt instruments, investors are sitting on an abundance of cash and looking for opportunities.

  • Easy landing for CAMP repricing

    Loans | 13 October 2012

    CAMP International Holding Co easily landed an opportunistic repricing of its US$255m covenant-lite loan less than six months after the global provider of aircraft maintenance and information services was sold to private equity firm GTCR. 

  • July sees slew of middle market deals

    Loans | 21 July 2012

    The US middle market has been busy in July. At least 12 institutional and pro-rata loans have launched since the start of the month and more than half of the 35 deals in the US institutional forward calendar are from middle market issuers.

  • Middle-market outlook uncertain

    Loans | 23 June 2012

    The US middle market has held up well so far this year, but the worsening European debt crisis and fears of a flagging global economy mean the outlook is uncertain at best.

  • Unitranche gains favour among PE

    Loans | 24 March 2012

    The unitranche structure, lauded for both its ease of execution and certainty of funding, continues to gain favour among middle-market private-equity sponsors.

  • US investors look to Europe

    Loans | 11 February 2012

    The confluence of widespread deleveraging among European banks and a significant wall of debt maturities that must be refinanced is creating a rising tide of distressed credit opportunities for US alternative investors. However, the pace of activity is developing more slowly than expected, according to credit investors.

  • Trader.bmp

    Investors fight volatility

    Top News | 28 January 2012

    Increased volatility has become the norm for credit investors, as liquidity seeps out of the secondary loan markets. Portfolio managers are likely to face heightened premiums for actively traded paper as well as increased transaction costs, leading to less trading overall.

  • Paul Volcker

    Volcker Rule could hamstring banks

    Top News | 26 November 2011

    The Volcker Rule could handicap the ability of banks to take out bridge loans made to non-investment grade companies, in effect making it more difficult for banks to de-risk their balance sheets.

  • The logo of Newport Corp, which recently raised a US$185m term loan A for acquisition financing

    Demand drives down pricing for MM

    Loans | 12 November 2011

    Competition among regional and commercial banks lending to middle market companies is driving borrowing costs lower, banking sources said. Favourable terms from bank lenders are even enticing some middle market borrowers to raise debt financing in the pro-rata market, instead of the typically higher-yielding institutional market.