sections

Sunday, 21 January 2018

Tessa Walsh' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • Syngenta logo

    Switzerland: Market backs US$20bn Syngenta loan

    Loans | 24 March 2016

    The US$20.2bn non-recourse bridge loan backing China National Chemical Corp’s SFr43bn (US$43.45bn) acquisition of Swiss seeds and pesticides company Syngenta received a strong response from the market before its deadline on March 24.

  • ​Dell banks near pro rata loan target

    Loans | 26 February 2016

    Banks are close to shedding a large portion of their US$10bn loan exposure to computer giant Dell, having lined up investors for more than US$7bn of the debt, two senior bankers said.

  • Amec Foster Wheeler coin

    Amec pays high price to refinance bridge

    Top News | 12 February 2016

    UK engineering and construction company Amec Foster Wheeler is trying to close an expensive £1.7bn syndicated loan that refinances existing loans after proving unable to tap the bond market.

  • LeasePlan logo

    Mark-to-market rules for stuck loans add to bank woes

    Top News | 12 February 2016

    Banks are facing up to the prospect that new post-crisis rules will force them to set aside more capital to cover their growing backlog of stuck loans, even as persistently low rates squeeze net interest margins and keep earnings growth in check.

  • AB InBev logo

    AB InBev cancels US$42.5bn of loans

    Loans | 29 January 2016

    AB InBev cancelled US$42.5bn of a record US$75bn senior acquisition loan after raising a hugely successful bond which was used to repay part of the loan.

  • Veritas logo

    Veritas buyout debt still faces tough sell

    Top News | 22 January 2016

    A US$600m price cut for Symantec’s data storage unit Veritas to US$7.4bn will help banks trying to sell the buyout debt, but difficult conditions in the leveraged finance market could still make the deal an uphill struggle.

  • AB InBev logo

    ​M&A outlook undimmed by market volatility

    Loans | 18 December 2015

    Europe could be set for a bumper M&A year in 2016, with more corporate, debt-funded activity anticipated as companies seek growth and private equity firms look for exits in choppy markets and smaller bolt-on acquisitions.

  • 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.

  • EMEA Loan House: HSBC cartoon

    EMEA Loan House: HSBC

    All Special Reports | 18 December 2015

    In a difficult and highly competitive year characterised by patchy M&A, subdued refinancing activity and macroeconomic minefields, HSBC was one of the only banks to raise its market profile by continuing to invest in its franchise as competitors fell back. For this reason, HSBC is IFR’s EMEA Loan House of the Year.

  • The company logo of the Bank of America and Merrill Lynch

    Banks braced for losses as LBO pipeline stalls

    Top News | 20 November 2015

    Banks are set to take significant losses on a big part of a US$14bn pipeline of leveraged buyout loans for US companies after a US$5.6bn debt financing for software company Veritas was pulled and another loan for retailer