Leveraged Loans

CS and GE Capital Launch Applica Pet Loan

The bank meeting to launch the $325 billion Applica Pet Products credit facility went on Tuesday, despite setbacks with the M&A deal. Credit Suisse and GE Capital Markets are marketing a $300 million first-lien term loan B and a $25 million revolver...

Moody's: Recoveries Slip, Especially For 2nd Liens

Investors in loans and bonds made to junk-rated U.S. companies should expect less back on their investments than in past years if borrowers start defaulting, according to a report from Moody's Investors Service...

Reliance Could Issue Up To $750M In Debt

As a result of its acquisition of PNA Group on June 17, Reliance Steel & Aluminum will issue as much as $750 million in debt come the end of the summer...

Wachovia Hires Goldman To Help With Loan Portfolio

Wachovia has hired Goldman Sachs Group for advice on its loan portfolio, The Associated Press reported last week...

Landry's Set To Serve Up Platter Of Debt

Just when you thought the leveraged finance markets had had their fill of consumer-related deals, a restaurant company is cooking up a fresh serving of debt for investors to snack on...

More