TITLE

Repricing of Bank Loans Trying Investor Patience

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
May 2010
SOURCE
American Banker;5/11/2010, Vol. 175 Issue 72, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses investor attitudes toward the repricings of bank loans. According to the article, investors are tiring of seeing coupons reduced by more than one-third, the London Interbank Offered Rate (LIBOR) floors cut in half, and pricing grids. The number of average spread savings for loan issuers that have repriced their loans were 310 basis points, which includes LIBOR floor reductions.
ACCESSION #
50383222

 

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