Telegram群组www.tg888.vip)是一个Telegram群组分享平台,飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

And BofA and Citigroup Inc are leading a syndicate testing investor appetite for a US$5.4bil (RM24bil) debt package to help fund Apollo Global Management Inc’s buyout of Tenneco Inc.

NEW YORK: Banks sitting on about US$80bil (RM355bil) in leveraged buyout (LBO) financing are pushing to get the debt off their books before market conditions deteriorate.

Bank of America Corp (BofA) has begun gauging interest in debt for the US$15bil (RM67bil) buyout of Citrix Systems Inc, one of the largest LBO financings of the past decade.

And BofA and Citigroup Inc are leading a syndicate testing investor appetite for a US$5.4bil (RM24bil) debt package to help fund Apollo Global Management Inc’s buyout of Tenneco Inc.

Leveraged debt markets have been losers this year, and more pain is likely after Wednesday’s inflation report all but assured a big rate increase coming from the Federal Reserve (Fed), but bankers see a window to get deals done.

Junk bond spreads tightened by about 50 basis points in the past week, according to Bloomberg index data. Leveraged loan prices have ticked up in recent days, though still hover near 92 US cents (RM4.08) on the dollar, the lowest since August 2020.

“There’s recognition that things aren’t going to get any better any time soon, so that’s why we’re seeing these LBO financings come now,” said Ken Monaghan, co-head of high yield at Amundi US.

“The market is weaker today (yesterday) after the CPI (consumer price index) print but the tone had improved a bit in the past week, so banks are also looking to take advantage of that. There’s demand for deals at the right level.”

,

Telegram好玩的botwww.tel8.vip)是一个Telegram群组分享平台。Telegram好玩的bot包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram好玩的bot为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

Bankers are also betting investors will consider the lack of choice.

The primary loan market had a handful of launches this week, including Apollo’s merger of grocery retailers Tony’s Fresh Markets and Cardenas Markets.

The deal offered a spread of 700 basis points over the Secured Overnight Financing Rate and a price of 92 US cents (RM4.08) on the dollar.

Underwriters committed to the latest round of buyout financing – Deutsche Bank AG estimates about US$80bil (RM355bil) in loans and bonds – months ago, when markets were more stable.

Since then, investors have fled junk bond and leveraged-loan markets as the Fed began raising rates and tightening liquidity to combat the worst inflation in four decades.

Now, deadlines to complete acquisitions are looming, which may force banks to fund deals themselves unless they can find investors in the market.

And depending on the price of the debt when sold – loans have been coming at steep discounts lately – the banks are at risk of losses running into the hundreds of millions of dollars. But that may be their best option.

“If banks don’t successfully price the debt tranches to finance buyout deals they agreed to, they may be stuck holding them on their balance sheets,” said Nichole Hammond, a senior portfolio manager at Angel Oak Capital Advisors.

ag区块链百家乐声明:该文看法仅代表作者自己,与阳光在线无关。转载请注明:Telegram好玩的bot:Wall St banks rush to sell leveraged buyout debt
发布评论

分享到:

新2信用平台出租(www.hg108.vip):Industry still in a lull
2 条回复
  1. 澳5计划(www.a55555.net)
    澳5计划(www.a55555.net)
    (2022-12-16 00:17:15) 1#

    哈希牛牛www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。
    还有上升空间

  2. trc20交易所(www.usdt8.vip)
    trc20交易所(www.usdt8.vip)
    (2023-01-12 00:11:02) 2#

    2021年1月29日,江苏丰县疫情防控指挥部接到《关于转达涉疫奶枣产物有关信息的风险提醒函》的协查通知:山东久旭生物科技有限公司用作生产奶枣质料的入口乳清粉,部门核酸检测效果呈阳性。其中,部门奶枣产物通过线上渠道(难忘食客食物保健旗舰店、沙老板线上销售)流入丰县,共涉及30个网上定购户。经流行病学观察共对152人举行核酸检测,对涉疫物品及环境采样78份。经检测效果所有为阴性。 下一步,我们将继续做好相关职员流行病学观察和核酸检测事情,严酷落实属地防控责任,做好闭环治理和各项防疫事情。 真不错,很有深度

发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。