news

Long-Term Fallout Seen from SBA 7(a) Program's Latest Shutdown

By John Reosti

Small-business lenders and experts are beginning to debate whether the weeklong shutdown will underscore the program's bipartisan support — or give its critics more ammunition to argue that it is too vulnerable to politics.


Sign up today for access to member-only content -- unique and timely industry insight that only Leveraged Finance News can deliver.
  • LeveragedFinanceNews.com one-month trial subscription
  • Free e-newsletters
  • Latest market data and statistics

Latest News

TerraForm Global Sells $810M to Bond Investors

– The offering was upsized from $800 million. Bookrunners on the deal were JPMorgan, Barclays, Citigroup, Morgan Stanley, Goldman Sachs, Bank of America Merrill Lynch and Deutsche Bank.

Hill-Rom Prices Upsized, $800M Term Loan B

– Moody's Investors Service has downgraded the company's senior secured bank credit facilities to ‘Ba2’ from ‘Ba1,’ citing a reduction in the size of the unsecured debt offering.

KIK Custom Products Seeking $850M of Loans

– KIK Custom Products, a consumer products company controlled by private equity firm CI Capital Partners, is seeking a $850 million term loan.

Prime Healthcare Cancels HY Bond Plans

– The $700 million eight-year senior notes, which had price talk in the 7.5% area, have been pulled from the market, according to KDP Investment Advisors.

LFN People Database

Exclusive data on top players in capital markets

Carl 'Pepper' Whitbeck

Head of US Fixed Income

Firm: AXA Investment Managers

In the news: AXA IM’s Whitbeck: HY Poised for ‘One of the Largest New Issue Years to Date’

Search the People Database

Data Snapshot