IFR-US CREDIT-Wal-Mart loan shows market near pre-crisis levels


by Michelle Sierra NEW YORK, May 27 (IFR) - Competition for assets and overall improvement in the US economy has helped return the investment grade loan market to pre-crisis conditions. Five-year tenors are back and tightening spreads have seemingly put an end to three straight years of capital constraints and fears about the economy. Earlier this month, Aa2/AA rated Wal-Mart came to market with an $18.55 billion refinancing. The loan package included a $6.3 billion, five-year revolver ...

Premium Content (PAID Subscription Required)

"IFR-US CREDIT-Wal-Mart loan shows market near pre-crisis levels" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×