A wholly owned affiliate of the manager is expected to retain 100% of the equity and there are provisions to ensure that at least 50% of the underlying collateral will be either originated or seasoned by the manager or its affiliates.
The euro loan has been upsized to 1.1834 billion from 888.65 million; the maturity of both the euro loan and a portion of the USD loan were extended by 2.5 years to December 2020.
A joint venture formed by Australian construction giant Leighton Holdings Ltd. and Apollo Global Management has launched a multi-currency, $900 million-equivalent loans proposal to finance its formation and provide start-up collateral.
KKR has obtained a £265 million senior credit facility to help fund its £450 million acquisition of Trainline, the U.K.s leading retailer of online train tickets.
Price talk emerged Monday for a 750 million-equivalent term loan B by UK petrochemicals giant Ineos Group Holdings as it prepped for lender meetings Tuesday.
German healthcare services provider Fresenius priced a total of $900 million of senior notes in a two-part offering.
Netherlands-based aircraft leasing company AerCap Holdings priced a two-part $800 million bond and plans to use the proceeds for general corporate purposes.
Netherlands-based aircraft leasing company AerCap Holdings is selling $800 million in senior notes due 2019 and senior notes due 2021. Tenet Healthcare is offering $500 million in new notes.
Virgin Media issued $991 million in a two-part, dual-currency bond offering that priced Tuesday. The U.K.-based media company plans to use the proceeds to pay down existing debt.
Virgin Media is offering £600 million ($980 million) in a dual-currency bond offering that could price as early as today. The notes will have a 10-year maturity.
Loan Syndications and High Yield Capital Markets Group
Firm: Wells Fargo Securities
In the news: Wells Fargo Makes Key Changes for Loans, HY Efforts