Press releases

What to Watch (11/4/19)

  • Terrapure Environmental will launch this week a US dollar-equivalent C$715m credit facility to fund the company’s acquisition by Pamplona Capital.
  • eResearch Technology will launch November 5 a US$1.55bn debt package. Goldman Sachs is lead left, while Jefferies is on the right.
  • Polyconcept will launch November 5 a US$183m incremental term loan. Goldman Sachs, KKR Capital Markets and RBC are arranging.
  • Investors withdrew US$381.1m from loan funds last week. It’s a drop from the US$629.7m recorded last week and continues a six-week streak of outflows in the market.
  • Loan trading declined for a second consecutive month, recording US$165bn of volume in 3Q19, down 14% over the previous quarter. Trading activity remains up 2% compared to a year ago.
  • Check out Refinitiv LPC’s On the Go Podcast and Loan Matters Video Series at www.loanconnector.com

More syndicated loan coverage in Gold Sheets