Pre-sale spinout to ease antitrust hurdles The merger of the US’s dominant electronic payment businesses contemplates a pre-sale divesture to ease antitrust concerns By Danielle Myles January 09 2011
MBPS: first Middle East high yield explained The first high yield deal in the Middle East has been structured with few carve outs and no intercreditor agreement By Danielle Myles January 09 2011
Project bonds not limited to refinancings OOG's $1.5 billion project bond in Brazil shows that assets under construction can be financed through the capital markets - but refinancing risk must be addressed By Danielle Myles January 07 2011
Landmark Slovenian sale tackles creditor controls Stapled insurance and pre-completion price adjustments have helped close the first significant cross-border deal within the former Yugoslavia By Danielle Myles January 07 2011
First double luxco high yield issue The first high yield issue under a so-called double luxco structure has proved it is possible to protect junior creditors in French LBOs By Danielle Myles October 26 2010
Investor-comfort dominates return SME deal A short-dated loan pool and originator risk retention enabled UniCredit to place the first German small-and-medium sized enterprise (SME) backed securitisation since the financial crisis. By Danielle Myles October 20 2010
Fears over single authority merger clearances Merger clearance decisions tainted by ‘confirmation bias’ and losing the input of competition specialists are lawyers’ main fears following the proposed introduction of a single UK competition authority By Danielle Myles October 20 2010
High yield battles with senior loan disclosure Disclosure of senior loans will be the next battle in Europe’s revived high yield market. By Danielle Myles October 13 2010
The debt maturity wall myth Concern over the looming debt maturity wall is unfounded. It will be absorbed by the high yield issues expected to continue past the wall’s peak. By Danielle Myles October 13 2010
High yield growth is sustainable European high yield is here to stay with predictions for next year topping $60 billion. By Danielle Myles October 13 2010
