Press releases

What to Watch (3/4/19)

  • Johnson Controls’ Power Solutions will launch March 4-5 US$5.45bn-equivalent jumbo loans backing its acquisition by Brookfield Business Partners.
  • CLO issuance has surpassed US$18bn through the end of February.
  • When it comes to jockeying for arranger roles, direct lenders are not ceding ground. In 2018, six of the top 20 bookrunners of US syndicated middle market sponsored credits were non-bank lenders, up from four in the prior year.
  • Investors pulled US$33.1m from loan funds in the week ending February 27. It was the 15th straight week money was pulled from the funds, but it was a significantly smaller outflow than prior weeks. Investors pulled US$713.9m from the funds in the previous week.

More syndicated loan coverage in Gold Sheets