TITLE

Has Anybody Seen My Pushback?

AUTHOR(S)
Clouse, Carol J.
PUB. DATE
May 2011
SOURCE
High Yield Report;5/9/2011, Vol. 22 Issue 19, p25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the state of the loan market in the U.S. which has seen demand exceeding supply. One deal is for Neiman Marcus where in banks syndicating the loans, namely Bank of America Merrill Lynch, Barclays, Credit Suisse, JPMorgan and Wells Fargo, tightened pricing to Libor plus 350 basis points (bps). JPMorgan also tightened the pricing on a term loan B for multi-industry manufacturer Manitowoc Co.
ACCESSION #
60604459

 

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