Press releases

What to Watch (7/15/19)

  • GEMS Education will launch this week a US$1.65bn-equivalent refinancing following a minority investment by CVC. Goldman Sachs leads. Proceeds will be refinance existing debt.
  • Investors withdrew US$331.7m from loan funds in the week leading up to July 10. It’s a drop from last week, which saw investors pulling out US$753.6m. It is the 34th consecutive week of outflows.
  • Latin America syndicated loan issuance jumped in 2Q19 propelled by a four jumbo deals over US$1bn each. At US$17.9bn, 2Q19 syndicated loan issuance was 2.5 times 1Q19’s level.
  • Syndicated middle market sponsored lending volume grew 10% quarter over quarter to US$13.61bn in 2Q19, but was still over 40% lower than 2Q18 levels.

More syndicated loan coverage in Gold Sheets