Leveraged loans to do heavy lifting in jumbo buyouts

摘要

The US leveraged loan market is expecting to take the lion's share of the jumbo debt financings that are lining up for a post Labor Day launch, as investors continue to favour higher-yielding loans over bonds. The US$13.5bn loan and bond financing backing Blackstone's acquisition of Thomson reuters' F&R division and €7.3bn loan and bond financing backing Carlyle Group and Singapore's GIC's acquisition of akzo nobel's specialty chemicals business are poised to launch in early September and are already loan-heavy.