Loans and High Yield

Credit fund manager appoints Ross Curran as head of responsible investing

Cerba seeks €500m in last leg of €1.2bn buyout financing

Glaser is leaving the credit fund manager at the end of the month

Chinese property bond issuers continue to remain under pressure amid waning investor sentiment and underperformance of deals in the secondary market. While some companies are attempting to claw their way back, the sector still faces some big challenges.

Gemdale Corp reopened the bond market for high yield Chinese property companies on Thursday with a $480m green deal that landed at fairly 'aggressive' levels.

A $350m sustainability-linked loan for Cal-Comp Electronics (Thailand) Public Co has been launched into syndication.

RBC Capital Markets has hired Citi's former head of structured credit sales EMEA, John Miles, to lead its recently established alternatives and private capital solutions (APCS) group.

Taiwan’s Qisda Corp, which designs and makes electronic products, has wrapped up the first round of bidding for a NT$10bn ($358m)-equivalent dual currency loan.

The number of industry sectors for which Moody’s holds a positive outlook reached a record high halfway through 2021, but investors say that there are some parts of the economy that the coronavirus pandemic has forever damaged.

Aggreko, a Scottish company which offers temporary power, heating and cooling generation, has signed £2.5bn worth of loans to fund its acquisition by TDR Capital and I Squared Capital.

Nordea Asset Management has appointed a new head of high yield, as its former head Torben Frederiksen left the company on Friday.

An international consortium is seeking a $275m loan to support its acquisition of DuPont Clean Technologies.