Oct 24, 2014 – Price talk has emerged for $593 million loan package from Pabst Blue Ribbon’s parent firm to fund the company’s buyout by a group of investors including Great American Brewing Company and TSG Consumer Partners.
Oct 24, 2014 – Loan mutual funds and ETFs saw $1.66 billion walk out the door the week ending Oct. 22, the highest mark since $1.5 billion was taken out in the first week of August, according to Lipper.
Oct 24, 2014 – Proceeds will be used to refinance all of the paperboard company’s existing $250.0 million aggregate principal amount of 7.875% senior notes due 2018.
Oct 24, 2014 – Rising interest rates could reduce an important form of credit enhancement for U.S. collateralized loan obligations, potential putting them at risk for downgrades in their credit ratings, according to Moody’s Investors Service.
Oct 24, 2014 – Price talk has been set for a $1 billion loan offering to fund the buyout of payments processing firm TransFirst Holdings by Vista Equity Partners.
Oct 24, 2014 – German healthcare services provider Fresenius priced a total of $900 million of senior notes in a two-part offering.
Oct 23, 2014 – Price talk has emerged on $1.3 billion of notes intended to help finance Tesoro Logistics’ a $2.5 billion acquisition of a field services subsidiary of QEP Resources Inc.
Oct 23, 2014 – Norwegian Cruise Lines is promising a new $500 million term loan B and a $450 million add-on to an existing term loan A to help finance its $3.03 billion acquisition of Prestige Cruises International, the parent firm of Oceania Cruises Inc. and Seven Seas Cruises S. DE R.L.
Oct 23, 2014 – The midstream master-limited partnership will use proceeds to reduce borrowings under its senior secured credit facility and for general partnership purposes - including its purchase of APL.
Oct 23, 2014 – Participants at the Loan Syndications and Trading Association’s annual conference don’t seem to be overly concerned about the impact of heightened U.S. regulatory scrutiny on leveraged lending.
Oct 22, 2014 – Media holding company Block Communications is proposing a $225 million first-lien term loan that will be used toward financing its pending acquisition of MetroCast cable television services, according to Moody’s Investors Service.
Oct 22, 2014 – Price talk has emerged for a $525 million loan package proposed by Inc. Research for its plan to refinance existing debt, according to KDP Investment Advisors.
Oct 22, 2014 – Proceeds from the offering, along with revolver borrowings and an expanded term loan, were to be used to fund the $400 million acquisition of Matrix Medical Network.
Oct 22, 2014 – MTS Markets International, Inc., a London Stock Exchange Group company that operates the MTS Bonds.com electronic trading platform, tapped Dan Mandell as a senior account executive.
Oct 21, 2014 – Proceeds will be used to repay all of an existing $250 million unsecured term loan and a portion of the $850 million of outstanding borrowings under its new $1.3 billion senior unsecured revolving facility.