Changelog
| Version | Changes |
|---|---|
v1.0.0 |
Initial API version |
v1.1.0 |
|
v1.2.0 |
|
v2.0.0 |
General
Priced Deal
Expected Deal
|
v2.1.0 |
Priced Deal
|
v2.2.0 |
Priced Deal
|
v3.0.0 |
Bond
Loan
|
v3.1.0 |
Bond
|
v3.2.0 |
Loan
|
v3.3.0 |
Bond
Loan
|
Description
-
All endpoints with descriptions can be found in OpenAPI v3 specification here and in more human friendly representation here.
-
Endpoints returns HAL formatted responses to enable easier navigation to the data. For more information visit http://stateless.co/hal_specification.html
-
Latest version of this documentation can be found here: HTML | PDF
Authentication
API uses client credentials flow of OAuth2 authorization protocol.
Before you start making requests to Bond Radar Data API, you will need to acquire access token. Please follow below steps to start making requests:
-
Send a request to
https://api.bondradar.com/oauth/token. Within the request provide your client ID (Bond Radar username) and secret (your password) in HTTP Basic auth header, see example request below:Example requestPOST https://api.bondradar.com/oauth/token Content-Type: application/x-www-form-urlencoded Authorization: Basic dXNlcm5hbWU6cGFzc3dvcmQ= grant_type=client_credentials -
When you receive your access token you can start making your requests by passing your access token in an HTTP authorization header as a bearer token, please see example request below:
Authorization: Bearer {token}-
token- Access token retrieved from token endpoint
-
Pagination
Pagination is done using _links object.
first link points to first page of the list and next link points to next page of the list.
Navigation to specific page or the last page is not supported.
|
You might see |
Request rate limits
Request rate limits are enforced to ensure API availability and avoid service abuse. Clients that exceed these limits will receive an HTTP 429 response code. It’s advised to check the Retry-After header in the response and implement retry logic accordingly.
Date formatting
API uses ISO 8601 formats for time related data.
| Format | Example | |
|---|---|---|
Date |
YYYY-MM-DD |
2019-01-30 |
Date and time |
YYYY-MM-DDThh:mm:ssZ |
2019-01-30T12:34:56Z |
Time |
Thh:mm:ssZ or Thh:mm:ss±hh:mm |
21:12Z or 20:31:24+01:00 |
Access restrictions
When you are given access to Bond Radar Data API your access may be limited depending on your account type. There are two account types for accessing Bond Radar Data API:
-
Free Trial
-
VIP
During any Free Trial period access to data is strictly limited to two years only. This applies to Priced Deals data only.
Free Trial Users attempting to access data which is deemed to be outside this data allowance will receive an empty list on Priced Deals list and 403 (forbidden) response when accessing specific deal.
VIP users have no restrictions and can access full data.
Bond expected deals list
New real-time data releases on deal flows in the international bond markets. The expected deal list compromises of updates on data related to expected (new) deals, expected increased deals, priced (new) deals, priced increased deals. For fully comprehensive 'priced deal' data, retrieve data from the 'priced deal' API.
Links
- List links
-
-
first- Link to the first page of a list. -
next- Link to the next page of a list.
-
- Deal links
-
-
pricedDealintranches- Link to the priced deal of the tranche. -
self- Link to the deal itself. Can be used as an identifier.
-
Data ingestion flow
Expected deal data ingestion flow would look like this:
-
Open expected deals list by using a link from the specification.
-
Download all data by navigating through pages using
nextlink.
If you want to update your data, you need to download the whole list again, because some items might be missing from it. It is the clients' responsibility to store historical records of the data flows. This includes corrections and enhancements to the data archive. We recommend updating 'expected deal list' once every 5 minutes.
Bond priced deals list
Comprehensive deals data on priced bonds in the investment grade, high yield and emerging markets. The API will present complete data for a 'priced deal' (and subsequent 'priced deal increases' thereof).
Data is organised in reverse chronological order based on when the deal information was last updated. Clients are advised to sort data based on pricing date.
Links
- List links
-
-
first- Link to the first page of a list. -
next- Link to the next page of a list.
-
- Priced deal links
-
-
self- Link to the priced deal itself. Can be used as an identifier. -
original- Link to the original priced deal. -
updatedSince- Link to the list with priced deals, which have been updated since this priced deal was updated.
-
Data ingestion flow
Priced deal data ingestion flow would look like this:
-
Open priced deals list by using a link from the specification or by using previously saved
updatedSincelink if you need to update your data. -
Save
updatedSincelink from a first entry in the first page of the list. -
Download all data by navigating through pages using
nextlink.
Priced deal list is ordered by a data update time from newest to oldest.
updatedSince link points to a list with data that was updated since that specific deal was updated.
Thus, by using this link from the first entry of the first page, it is possible to download only the updated data.
However, to maintain a historical list it is important to download the whole priced deals list periodically. In some cases some priced deals are removed due to various reasons, so downloading the whole list will allow maintaining correct historical data. Another advantage of downloading a historical list is to add fields to historical data that are introduced with API version updates.
We recommend updating 'priced deal list' with updatedSince link once every 5 minutes and download the whole list once every day.
Loan expected deals lists
New real-time data releases on deal flow in the international loan markets. The expected deal list compromises of updates on data related to expected (new) deals and expected increased (add-on) deals, priced/signed (new) deals, priced/signed increased (add-on) deals. For fully comprehensive ‘priced/signed deal’ data, retrieve data from the ‘priced deal’ API.
Data is organised in reverse chronological order based on when the deal information was last updated.
Links
- List links
-
-
first- Link to the first page of a list. -
next- Link to the next page of a list.
-
- Expected deal links
-
-
self- Link to the expected deal itself. Can be used as an identifier. -
updatedSince- Link to the list with expected deals, which have been updated since this expected deal was updated. -
pricedDeal- Link to the priced deal if deal was priced today.
-
- Priced deal links
-
-
self- Link to the priced deal itself. Can be used as an identifier. -
updatedSince- Link to the list with priced deals, which have been updated since this priced deal was updated.
-
Data ingestion flow
Loan deal data ingestion flow would look like this:
-
Open expected or priced deals list by using a link from the specification or by using previously saved
updatedSincelink if you need to update your data. -
Save
updatedSincelink from a first entry in the first page of the list. -
Download all data by navigating through pages using
nextlink.
Loan deal lists are ordered by a data update time from newest to oldest.
updatedSince link points to a list with data that was updated since that specific deal was updated.
Thus, by using this link from the first entry of the first page, it is possible to download only the updated data.
However, to maintain a historical list it is important to download the whole priced deals list periodically. In some cases some deals are removed due to various reasons, so downloading the whole list will allow maintaining correct historical data. Another advantage of downloading a historical list is to add fields to historical data that are introduced with API version updates.
We recommend updating data with updatedSince link once every 5 minutes and download the whole list once every day.
Loan priced deals lists
Comprehensive deals data on priced loans. The API will present complete data for a 'priced/signed deal' (and subsequent 'priced/signed deal increases' thereof).
Data is organised in reverse chronological order based on when the deal information was last updated. Clients are advised to sort data based on pricing date.
Links
- List links
-
-
first- Link to the first page of a list. -
next- Link to the next page of a list.
-
- Expected deal links
-
-
self- Link to the expected deal itself. Can be used as an identifier. -
updatedSince- Link to the list with expected deals, which have been updated since this expected deal was updated. -
pricedDeal- Link to the priced deal if deal was priced today.
-
- Priced deal links
-
-
self- Link to the priced deal itself. Can be used as an identifier. -
updatedSince- Link to the list with priced deals, which have been updated since this priced deal was updated.
-
Data ingestion flow
Loan deal data ingestion flow would look like this:
-
Open expected or priced deals list by using a link from the specification or by using previously saved
updatedSincelink if you need to update your data. -
Save
updatedSincelink from a first entry in the first page of the list. -
Download all data by navigating through pages using
nextlink.
Loan deal lists are ordered by a data update time from newest to oldest.
updatedSince link points to a list with data that was updated since that specific deal was updated.
Thus, by using this link from the first entry of the first page, it is possible to download only the updated data.
However, to maintain a historical list it is important to download the whole priced deals list periodically. In some cases some deals are removed due to various reasons, so downloading the whole list will allow maintaining correct historical data. Another advantage of downloading a historical list is to add fields to historical data that are introduced with API version updates.
We recommend updating data with updatedSince link once every 5 minutes and download the whole list once every day.
Common scenarios
Retrieve bond expected deals list
API clients can retrieve pipeline deals list.
EM market
GET https://api.bondradar.com/v3/bond/em/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"id": 13513988,
"market": "EM",
"created": "2022-05-31T03:04:00Z",
"changed": "2022-05-31T03:07:00Z",
"headline": "KEPCO mandates investor calls/USD 3y and/or 5y Green bond",
"message": "\"Korea Electric Power Corp. (\"KEPCO\"), rated Aa2 (stable) by Moody's and AA (stable) by S&P, has mandated BofA Securities, Citigroup, JPMorgan, Mizuho Securities and Standard Chartered Bank to arrange a series of fixed income investor calls, commencing on June 1, 2022. A USD denominated 144A/Reg S senior unsecured green bond offering with expected tenor(s) of 3- and/or 5Y may follow, subject to market conditions.\"",
"borrower": {
"name": "KOREA ELECTRIC POWER CORP",
"region": "ASIA (non-Japan)",
"country": "KOREA",
"type": "Corporate",
"sector": "Utilities & Power",
"subsector": "Electricity & Gas",
"ticker": "KORELE"
},
"regions": [
"Asia(NJ)"
],
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-05-31T03:07:00Z",
"status": "EXPECTED",
"currency": "USD",
"volume": "TBA",
"structure": "3y/5y Grn",
"priceEvolution": "TBA",
"ratings": {
"moodys": "Aa2",
"standardAndPoors": "AA"
},
"timing": "i/c 01 Jun>"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/expected-deal/13513988"
}
}
},
{
"id": 13513954,
"market": "EM",
"created": "2022-05-31T01:39:00Z",
"changed": "2022-05-31T01:41:00Z",
"headline": "Kyobo Life Insurance mandates investor calls/USD 30NC5 SLB ",
"message": "\"Kyobo Life Insurance Co., Ltd. (\"Kyobo Life\") rated A1 (Stable) by Moody's and A+ (Stable) by Fitch, has mandated Citigroup, HSBC, J.P. Morgan, and Nomura as Joint Bookrunners to arrange a series of fixed income investor calls in Asia, Europe, and the U.S., commencing from June 1, 2022. A USD denominated 144A/Reg S Sustainability Subordinated Capital Securities (the \"Securities\") with an expected tenor of 30NC5 may follow, subject to market conditions. The Securities are expected to be rated A3 by Moody's and A- by Fitch. FCA / ICMA stabilization applies.\"",
"borrower": {
"name": "KYOBO LIFE INSURANCE CO LTD",
"region": "ASIA (non-Japan)",
"country": "KOREA",
"type": "Financial",
"sector": "Insurance",
"ticker": "KYOBOL"
},
"regions": [
"Asia(NJ)"
],
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-05-31T01:41:00Z",
"status": "EXPECTED",
"currency": "USD",
"volume": "TBA",
"structure": "30NC5 SLB",
"priceEvolution": "TBA",
"ratings": {
"moodys": "A1",
"fitch": "A+"
},
"timing": "i/c 01 Jun>"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/expected-deal/13513954"
}
}
},
{
"id": 13511668,
"market": "EM",
"created": "2022-05-16T10:10:00Z",
"changed": "2022-05-16T10:12:00Z",
"headline": "Eesti Energia plans investor calls/EUR benchmark bond & tender offer",
"message": "\"Eesti Energia (ticker: ESTONE, country: EE), a vertically integrated energy company operating in the Baltic Sea region and 100% owned by the Republic of Estonia, rated Baa3 (stable) by Moody's and BBB- (negative) by S&P, has mandated BNP Paribas, Deutsche Bank, and SEB as Joint Lead Managers to arrange a Global Investor Call on Tuesday 17th May 2022 at 9:00am UKT / 10:00am CET and a series of investor meetings commencing on Tuesday 17th May 2022. A EUR benchmark Senior Unsecured Reg S bearer issuance with a tenor in the range of 5-year will follow, subject to market conditions. FCA/ICMA Stabilisation applies.\n\nIn conjunction, Eesti Energia is also announcing a tender offer (Deutsche Bank Aktiengesellschaft acting as Offeror) for its outstanding EUR 500 million 2.384% notes due September 2023. BNP Paribas, Deutsche Bank and SEB are acting as Dealer Managers. The expiration deadline has been set on Tuesday 24th May 2022 at 4:00pm UKT / 5:00pm CET. The tender offer is conditional upon the successful pricing of the new notes offering.\"",
"borrower": {
"name": "EESTI ENERGIA",
"region": "CEEMEA",
"country": "ESTONIA",
"type": "Corporate",
"sector": "Utilities & Power",
"subsector": "Electricity & Gas",
"ticker": "ESTONE"
},
"regions": [
"CEEMEA"
],
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-05-16T10:12:00Z",
"status": "EXPECTED",
"currency": "EUR",
"volume": "bmk",
"structure": "5y",
"priceEvolution": "TBA",
"ratings": {
"moodys": "Baa3",
"standardAndPoors": "BBB-"
},
"timing": "i/c 17 May>"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/expected-deal/13511668"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/em/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/em/expected-deal?seeker=2020-12-09T01%3A10%3A00Z_12716377"
}
}
}IG market
GET https://api.bondradar.com/v3/bond/ig/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"id": 13514759,
"market": "IG",
"created": "2022-06-06T09:25:00Z",
"changed": "2022-06-06T09:28:00Z",
"headline": "** Vienna Insurance Group EUR500m 20NC10 Tier 2: Mandated",
"message": "\"VIENNA INSURANCE GROUP (rated A+ by S&P, outlook stable), has mandated BNP Paribas, Erste Group, HSBC, J.P. Morgan and UniCredit as Joint Lead Managers to arrange a series of fixed income investor calls on 6 June and 7 June, 2022. An offering of EUR500mn (no-grow) 20 non-call 10 RegS Tier 2 notes will follow, subject to market conditions. The notes are expected to be rated A- by S&P.\nVIENNA INSURANCE GROUP has concurrently announced an \"any&all\" Tender Offer for its outstanding EUR500mn 5.500% October 2043 (ISIN: AT0000A12GN0) Tier 2 Notes callable on 9 October 2023, with BNP Paribas, Erste Group, HSBC, J.P. Morgan and UniCredit acting as Dealer Managers. The expiration of the Tender Offer is 5pm CET on 14 June 2022. Relevant stabilisation regulations apply, including FCA/ICMA.\"",
"borrower": {
"name": "VIENNA INSURANCE",
"region": "Western Europe",
"country": "AUSTRIA",
"type": "Financial",
"sector": "Insurance",
"ticker": "VIGAV"
},
"regions": [],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-06T09:28:00Z",
"status": "EXPECTED",
"currency": "EUR",
"volume": "500m",
"structure": "20NC10 T2",
"books": "JT-LEADS",
"timing": "i/c 06-07 Jun"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/expected-deal/13514759"
}
}
},
{
"id": 13514753,
"market": "IG",
"created": "2022-06-06T08:57:00Z",
"changed": "2022-06-06T08:58:00Z",
"headline": "** OP Corporate Bank GBP benchmark January 2026 SP: Mandated",
"message": "\"OP Corporate Bank (OPBANK) has mandated Credit Suisse and Nomura to lead manage a new GBP Benchmark Jan-26 Senior Preferred transaction. The bond is expected to be rated Aa3/AA-(Moody's/S&P). The issue is expected to be launched and priced in the near future, subject to market conditions.\"",
"borrower": {
"name": "OP BANK",
"region": "Western Europe",
"country": "FINLAND",
"type": "Financial",
"sector": "Banking",
"ticker": "OPBANK"
},
"regions": [],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-06T08:58:00Z",
"status": "EXPECTED",
"currency": "GBP",
"volume": "bmk",
"structure": "Jan 26 SP",
"books": "JT-LEADS",
"timing": "this week"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/expected-deal/13514753"
}
}
},
{
"id": 13514743,
"market": "IG",
"created": "2022-06-06T08:32:00Z",
"changed": "2022-06-06T08:32:00Z",
"headline": "** Tokyo Metropoltian Government USD500m 3-year: IPTs MS+57bp area",
"message": "IPTs are MS+57bp area for Tokyo Metropolitan Government's USD500m (no grow) 3-year issue, due 16 June 2025. Settle 16 June 2022. 144A/RegS. List London, denoms 200kx2k. Issuer rating A+ (S&P). Leads Goldman Sachs, Barclays (B&D), Citigroup and Morgan Stanley. Timing: Taking IOIs, expect Tuesday's business. ",
"borrower": {
"name": "TOKYO METROPOLIS",
"region": "Japan/Australia/New Zealand",
"country": "JAPAN",
"type": "Muni/Local Gov't",
"sector": "Municipality/Local Government",
"ticker": "TOKYO"
},
"regions": [
"Americas"
],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-06T08:32:00Z",
"status": "EXPECTED",
"currency": "USD",
"volume": "500m",
"structure": "3y",
"priceEvolution": "SOFR MS+57a",
"books": "JT-LEADS",
"timing": "Tuesday"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/expected-deal/13514743"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/ig/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/ig/expected-deal?seeker=2020-09-16T11%3A58%3A00Z_12615427"
}
}
}HY market
GET https://api.bondradar.com/v3/bond/hy/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"id": 13514804,
"market": "HY",
"created": "2022-06-06T12:43:00Z",
"changed": "2022-06-06T12:43:00Z",
"headline": "** Intertape Polymer plans USD400m 6.5NC3 issue",
"message": "Intertape Polymer is planning a USD400m 6.5NC3 issue. 144a/RegS without reg rights. Senior unsecured notes. Ratings Caa2/CCC+. Leads DB, CS, GS, Jefferies, BMO, GOLUB. Timing: Investor calls on 07 June 10am NYT. Roadshow ends 10 June. Pricing expected on 14 June. ",
"borrower": {
"name": "INTERTAPE POLYMER",
"region": "North America",
"country": "CANADA",
"type": "Corporate",
"sector": "Manufacturing",
"subsector": "General",
"ticker": "ITPCN"
},
"regions": [
"Americas"
],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-06T12:43:00Z",
"status": "EXPECTED",
"currency": "USD",
"volume": "400m",
"structure": "6.5NC3",
"priceEvolution": "TBA",
"books": "JT-LEADS",
"timing": "i/c 07-10 June"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/expected-deal/13514804"
}
}
},
{
"id": 13514766,
"market": "HY",
"created": "2022-06-06T09:55:00Z",
"changed": "2022-06-06T09:58:00Z",
"headline": "** Ibercaja Banco EUR500m 3NC2 SP: Mandated",
"message": "\"IBERCAJA BANCO, S.A. (Ticker: CAZAR, Country: ES), rated Ba1 / BB+ / BB+ by Moody's / S&P / Fitch, has mandated Barclays, JP Morgan, Morgan Stanley and Societe Generale as Joint Bookrunners to arrange a series of fixed income investor calls starting on 6 June. Societe Generale will be arranging logistics. A €500MM EUR denominated Senior Preferred RegS dematerialised book-entry form (anotaciones en cuenta) notes, expected to be rated BB+ / BB+ by S&P / Fitch (the \"Notes\") offering a 3NC2 maturity may follow, subject to market conditions. The Bank intends to use the net proceeds from the issue of the Notes for its general corporate purposes. The Notes are expected to be eligible for MREL. A DealRoadshow presentation has also been made available. Relevant stabilisation regulations apply.\"",
"borrower": {
"name": "IBERCAJA",
"region": "Western Europe",
"country": "SPAIN",
"type": "Financial",
"sector": "Banking",
"ticker": "CAZAR"
},
"regions": [],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-06T09:58:00Z",
"status": "EXPECTED",
"currency": "EUR",
"volume": "500m",
"structure": "3NC2 SP",
"books": "JT-LEADS",
"timing": "i/c 06 June>"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/expected-deal/13514766"
}
}
},
{
"id": 13514453,
"market": "HY",
"created": "2022-06-01T12:49:00Z",
"changed": "2022-06-01T12:53:00Z",
"headline": "Maxar Technologies plans USD500m 5NC2",
"message": "Maxar Technologies is planning a USD500m 5NC2 issue, due 2027. 144A/RegS. Senior secured. Denoms 2kx1k. COC (101%). UOP: Net proceeds, together with incremental proceeds from the new Term Loan B and borrowings under the new Revolving Credit Facility and cash on hand, will be used to fund the redemption of all of the outstanding 9.75% Senior Secured Notes due 2023 and related fees & expenses. Ratings TBC. Leads BofA (Left), RBC, Barclays, BMO, JP Morgan, CapOne, Goldman Sachs. Morgan Stanley, Citizens and ING. Timing: Investor call 02 June at 11:00 am ET. Roadshow commencing 06 June to 08 June. ",
"borrower": {
"name": "MAXAR",
"region": "North America",
"country": "USA",
"type": "Corporate",
"sector": "Technology",
"subsector": "Aerospace & Defence",
"ticker": "MAXR"
},
"regions": [
"Americas"
],
"coveredBonds": false,
"_embedded": {
"tranches": [
{
"name": "A",
"changed": "2022-06-01T12:53:00Z",
"status": "EXPECTED",
"currency": "USD",
"volume": "500m",
"structure": "5NC2",
"books": "JT-LEADS",
"timing": "i/c 02 June>"
}
]
},
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/expected-deal/13514453"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/hy/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/hy/expected-deal?seeker=2022-06-01T12%3A53%3A00Z_13514453"
}
}
}Retrieve bond priced deals list
API clients can retrieve priced deals list.
EM market
GET https://api.bondradar.com/v3/bond/em/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 13514073,
"market": "EM",
"dealType": "ORIGINAL",
"pricingDate": "2022-05-31",
"pricingTime": "10:04+01:00",
"borrower": {
"name": "HOUSING AND DEVELOPMENT BOARD",
"region": "ASIA (non-Japan)",
"country": "SINGAPORE",
"type": "Agency",
"sector": "Agency",
"ticker": "HDBSP"
},
"currency": "SGD",
"nominal": {
"amount": 900.0,
"converted": {
"usd": 656.9730000
}
},
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "AAA"
},
"grade": "INVESTMENT",
"ranking": "IG",
"cpn": "2.627",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2025-06-09",
"fpr": 100.0,
"yield": "2.627%",
"fxRate": {
"usd": 0.72997
},
"premium": {},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9217884 CORP",
"isinCode": "US0004026250",
"figiCode": "BBG000BLNNV0",
"priceEvolution": [
{
"date": "2022-05-31T01:58:00Z",
"value": "2.627%"
},
{
"date": "2022-05-31T06:19:00Z",
"value": "2.627%"
}
],
"banks": [
{
"name": "BANK OF CHINA",
"status": "active"
},
{
"name": "OCBC",
"status": "active"
},
{
"name": "DBS BANK",
"status": "active"
},
{
"name": "UNITED OVERSEAS BANK",
"status": "active"
},
{
"name": "CHINA CONSTRUCTION BANK (CCB)",
"status": "active"
}
],
"covered": false,
"only144a": false,
"onlyRegS": true,
"regSAnd144a": false,
"secRegistered": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": false,
"cuc": false,
"mwc": false,
"additionalInfo": "Guaranteed",
"message": "Priced: SGD900m, coupon 2.627%, due 09 June 2025. Reoffer 100.00, yield 2.627%. Issuer Housing and Development Board, series 102. Issuer/expected issue rating AAA (Fitch). Bearer. Issuer's SGD32 billion Multicurrency Medium Term Note Programme. Settle 09 June 2022. UOP: To finance the development programmes of HDB and its working capital requirements as well as to refinance the existing borrowings. Denoms 250kx250k. Singapore Law. List SGX-ST. Jt-leads/books Bank of China, CCB Singapore, DBS Bank Ltd., OCBC Bank (B&D), United Overseas Bank.",
"dealHistory": "31May22 02:58 UKT\nYield is set at 2.627% on Housing and Development Board's planned SGD600m(option to upsize) 3-year issue, coupon 2.627%, due 9 June 2025. Issuer Housing and Development Board, series 102. Issuer/expected issue ratings AAA (Fitch). Bearer / Issuer's SGD32 billion Multicurrency Medium Term Note Programme. Settle 9 June 2022. UOP: To finance the development programmes of HDB and its working capital requirements as well as to refinance the existing borrowings. Denoms 250kx250k. Singapore Law. List SGX-ST. Jt-leads/books Bank of China, CCB Singapore, DBS Bank Ltd., OCBC Bank (B&D), United Overseas Bank. Today's business.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal/13514073"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal?updatedSince=2022-06-01T00%3A10Z"
}
}
},
{
"dealId": 13514190,
"market": "EM",
"dealType": "ORIGINAL",
"pricingDate": "2022-05-31",
"pricingTime": "14:46+01:00",
"borrower": {
"name": "HEFEI INDUSTRY",
"region": "ASIA (non-Japan)",
"country": "CHINA",
"type": "Corporate",
"sector": "Industrials",
"subsector": "Conglomerate",
"ticker": "XINIIC"
},
"currency": "USD",
"nominal": {
"amount": 500.0,
"converted": {
"usd": 500.000
}
},
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "BBB"
},
"grade": "INVESTMENT",
"ranking": "IG",
"cpn": "3.9",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2025-06-08",
"fpr": 100.0,
"yield": "3.90%",
"fxRate": {
"usd": 1.0
},
"premium": {},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9193416 CORP",
"isinCode": "US0378331005",
"figiCode": "BBG000BLNQ16",
"priceEvolution": [
{
"date": "2022-05-31T00:53:00Z",
"value": "4.30%a"
},
{
"date": "2022-05-31T08:13:00Z",
"value": "3.90%"
},
{
"date": "2022-05-31T12:51:00Z",
"value": "3.90%"
}
],
"banks": [
{
"name": "ICBC",
"status": "active"
},
{
"name": "BANK OF CHINA",
"status": "active"
},
{
"name": "CHINA INTERNATIONAL CAPITAL CORPORATION (CICC)",
"status": "active"
},
{
"name": "CMB WING LUNG",
"status": "active"
},
{
"name": "BANK OF COMMUNICATIONS",
"status": "active"
},
{
"name": "AGRICULTURAL BANK OF CHINA",
"status": "active"
},
{
"name": "GUOTAI JUNAN",
"status": "active"
},
{
"name": "CHINA MINSHENG BANKING CORP (CMBC)",
"status": "active"
},
{
"name": "SHANGHAI PUDONG",
"status": "active"
},
{
"name": "CHINA EVERBRIGHT GROUP",
"status": "active"
},
{
"name": "CNCB HONG KONG CAPITAL",
"status": "active"
},
{
"name": "INDUSTRIAL BANK",
"status": "active"
}
],
"covered": false,
"only144a": false,
"onlyRegS": true,
"regSAnd144a": false,
"secRegistered": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": true,
"cuc": false,
"mwc": false,
"additionalInfo": "Guaranteed",
"message": "Priced: USD500m, coupon 3.90%, due 08 June 2025. Reoffer 100.00, yield 3.90%. Issuer Xianjin Industry Investment Company Limited. Guarantor Hefei Industry Investment Holding (Group) Co., Ltd. Guarantor/expected issue rating BBB (Fitch, stable). RegS. Settle 8 June 2022 (T+5). UOP: Funding the project construction and equipment procurement for Phase II of the Group's 12-inch memory wafer manufacturing base project. COC put at 101. List SEHK. Denoms 200kx1k. English Law. Global coordinators Guotai Junan International (B&D), China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications. Jt-leads/books ICBC (Asia), ABC International, CEB International, CMB Wing Lung Bank Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, and CNCB Capital. Books last heard over USD1.85bn (including USD1.4bn JLM interest).",
"dealHistory": "31May22 13:51 UKT\nLaunched: Size is set at USD500m and launch yield is 3.90% on Hefei Industry Investment's planned 3-year issue. Issuer Xianjin Industry Investment Company Limited (the \"Issuer\"). Guarantor Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"). Guarantor/expected issue rating BBB (Fitch, stable). RegS. Settle 8 June 2022 (T+5). UOP: Funding the project construction and equipment procurement for Phase II of the Group's 12-inch memory wafer manufacturing base project. COC put at 101. List SEHK. Denoms 200kx1k. English Law. Global coordinators Guotai Junan International (B&D), China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications. Jt-leads/books ICBC (Asia), ABC International, CEB International, CMB Wing Lung Bank Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, and CNCB Capital. \nBook update: Last heard over USD1.85bn (including USD1.4bn JLM interest). Today's business.\n\n\n31May22 09:13 UKT\nFinal guidance is 3.90% on Hefei Industry Investment's planned USD benchmark 3-year issue. Issuer Xianjin Industry Investment Company Limited (the \"Issuer\"). Guarantor Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"). Guarantor/expected issue rating BBB (Fitch, stable). RegS. Settle 8 June 2022 (T+5). UOP: Funding the project construction and equipment procurement for Phase II of the Group's 12-inch memory wafer manufacturing base project. COC put at 101. List SEHK. Denoms 200kx1k. English Law. Global coordinators Guotai Junan International (B&D), China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications. Jt-leads/books ICBC (Asia), ABC International, CEB International, CMB Wing Lung Bank Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, and CNCB Capital. \nBook update: USD1.85bn (including USD1.4bn JLM interest). Today's business.\n\n\n31May22 04:24 UKT\nInitial guidance remains 4.30% area on Hefei Industry Investment's planned USD benchmark 3-year issue. Issuer Xianjin Industry Investment Company Limited (the \"Issuer\"). Guarantor Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"). Guarantor/expected issue rating BBB (Fitch, stable). RegS. Settle 8 June 2022 (T+5). UOP: Funding the project construction and equipment procurement for Phase II of the Group's 12-inch memory wafer manufacturing base project. COC put at 101. List SEHK. Denoms 200kx1k. English Law. Global coordinators Guotai Junan International (B&D), China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications. Jt-leads/books ICBC (Asia), ABC International, CEB International, CMB Wing Lung Bank Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, and CNCB Capital. \nBook update: Books over USD1.5bn (incl. USD1.22bn JLM interest). As early as today's business.\n\n\n31May22 01:53 UKT\nInitial guidance is 4.30% area on Hefei Industry Investment's planned USD benchmark 3-year issue. Issuer Xianjin Industry Investment Company Limited (the \"Issuer\"). Guarantor Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"). Guarantor/expected issue rating BBB (Stable) by Fitch. RegS. Settle 8 June 2022 (T+5). UOP: Funding the project construction and equipment procurement for Phase II of the Group's 12-inch memory wafer manufacturing base project. COC put at 101. List SEHK. Denoms 200kx1k. English Law. Global coordinators Guotai Junan International (B&D), China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications. Jt-leads/books ICBC (Asia), ABC International, CEB International, CMB Wing Lung Bank Limited, China Minsheng Banking Corp., Ltd., Hong Kong Branch, and CNCB Capital. As early as today's business.\n\n\n30May22 02:58 UKT\nUpdate: USD benchmark 3-year expected Tuesday.\n\"Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"), rated BBB (stable) by Fitch, has mandated Guotai Junan International, China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications as Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers, and ICBC (Asia), ABC International, CEB International, and CMB Wing Lung Bank Limited as Joint Bookrunners and Joint Lead Managers to arrange a series of fixed income investor calls on 30 May 2022. A proposed Regulation S (Category 1) offering of U.S. dollar-denominated senior unsecured bonds (the \"Bonds\") may follow, subject to market conditions. The Bonds are proposed to be issued by Xianjin Industry Investment Company Limited (the \"Issuer\"), a wholly-owned subsidiary of the Guarantor. The Bonds, if issued, will be unconditionally and irrevocably guaranteed by the Guarantor and are expected to be rated BBB by Fitch.\"\n\n30May22 02:01 UKT\n\"Hefei Industry Investment Holding (Group) Co., Ltd. (the \"Guarantor\"), rated BBB (stable) by Fitch, has mandated Guotai Junan International, China International Capital Corporation, Bank of China, Industrial Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, and Bank of Communications as Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers, and ICBC (Asia), ABC International, CEB International, and CMB Wing Lung Bank Limited as Joint Bookrunners and Joint Lead Managers to arrange a series of fixed income investor calls on 30 May 2022.\n\nA proposed Regulation S (Category 1) offering of U.S. dollar-denominated senior unsecured bonds (the \"Bonds\") may follow, subject to market conditions. The Bonds are proposed to be issued by Xianjin Industry Investment Company Limited (the \"Issuer\"), a wholly-owned subsidiary of the Guarantor. The Bonds, if issued, will be unconditionally and irrevocably guaranteed by the Guarantor and are expected to be rated BBB by Fitch.\"",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal/13514190"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal?updatedSince=2022-05-31T13%3A50%3A12Z"
}
}
},
{
"dealId": 13514183,
"market": "EM",
"dealType": "ORIGINAL",
"pricingDate": "2022-05-31",
"pricingTime": "14:28+01:00",
"borrower": {
"name": "HUZHOU WUXING",
"region": "ASIA (non-Japan)",
"country": "CHINA",
"type": "Muni/Local Gov't",
"sector": "Municipality/Local Government",
"ticker": "HZWXSC"
},
"currency": "USD",
"nominal": {
"amount": 105.0,
"converted": {
"usd": 105.000
}
},
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"grade": "SUB_INVESTMENT",
"ranking": "NR",
"cpn": "5.45",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2025-06-08",
"fpr": 100.0,
"yield": "5.45%",
"fxRate": {
"usd": 1.0
},
"premium": {},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9205186 CORP",
"priceEvolution": [
{
"date": "2022-05-31T01:58:00Z",
"value": "5.50%a"
},
{
"date": "2022-05-31T13:28:00Z",
"value": "5.45%"
}
],
"banks": [
{
"name": "ORIENT SECURITIES",
"status": "active"
},
{
"name": "HUA XIA",
"status": "active"
},
{
"name": "SIGMA CAPITAL MANAGEMENT",
"status": "active"
}
],
"covered": false,
"only144a": false,
"onlyRegS": true,
"regSAnd144a": false,
"secRegistered": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": true,
"cuc": false,
"mwc": false,
"additionalInfo": "Guaranteed",
"message": "Priced: USD105m, coupon 5.45%, due 08 June 2025. Reoffer 100.00, yield 5.45%. Issuer Huzhou Wuxing State-owned Capital Investment Development Co Ltd. RegS. COC at 101. UOP: Project finance, GCP. Settle T+5. Denoms 200kx1k. English law. Unrated. Global coordinators Orient Securities (Hong Kong) (B&D), Sigma Capital. Jt-leads/books Orient Securities (Hong Kong) (B&D), Sigma Capital and Hua Xia Bank Co., Hong Kong Branch.",
"dealHistory": "31May22 02:58 UKT\nInitial guidance is 5.50% area on Huzhou Wuxing State-owned Capital's planned USD 3-year issue. Issuer Huzhou Wuxing State-owned Capital Investment Development Co Ltd. RegS. COC at 101. UOP: Project finance, GCP. Settle T+5. Denoms 200kx1k. English law. Unrated. Global coordinators Orient Securities (Hong Kong) (B&D), Sigma Capital. Jt-leads/books Orient Securities (Hong Kong) (B&D), Sigma Capital and Hua Xia Bank Co., Hong Kong Branch.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal/13514183"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal?updatedSince=2022-05-31T13%3A33%3A55Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/em/priced-deal?seeker=2022-05-24T14%3A42%3A38Z_13513532"
}
}
}IG market
GET https://api.bondradar.com/v3/bond/ig/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 13514614,
"market": "IG",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-01",
"pricingTime": "19:38+01:00",
"borrower": {
"name": "RBC",
"region": "North America",
"country": "CANADA",
"type": "Financial",
"sector": "Banking",
"ticker": "RY"
},
"currency": "USD",
"nominal": {
"amount": 1600.0,
"converted": {
"usd": 1600.000
}
},
"rating": {
"moodys": "Aaa",
"standardAndPoors": "NR",
"fitch": "AAA"
},
"grade": "INVESTMENT",
"ranking": "IG",
"cpn": "3.40",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2025-06-09",
"fpr": 100.0,
"spread": "MS+65",
"yield": "3.40%",
"fxRate": {
"usd": 1.0
},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9515766 CORP",
"priceEvolution": [
{
"date": "2022-06-01T15:19:00Z",
"value": "MS+65"
},
{
"date": "2022-06-01T17:04:00Z",
"value": "MS+65"
},
{
"date": "2022-06-01T17:09:00Z",
"value": "MS+65"
}
],
"banks": [
{
"name": "UBS",
"status": "active"
},
{
"name": "RBC",
"status": "active"
},
{
"name": "NATWEST MARKETS",
"status": "active"
},
{
"name": "STANDARD CHARTERED",
"status": "active"
},
{
"name": "LLOYDS BANK ",
"status": "active"
}
],
"pref": false,
"covered": true,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": true,
"secRegistered": false,
"secExempt": false,
"section3a2": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": false,
"cuc": false,
"mwc": false,
"message": "Priced: USD1.6bn, coupon 3.40%, due 09 June 2025. Reoffer 100.00, Spread MS+65bp. Yield 3.40%. 144a/RegS no reg rights. Settle T+6. Denoms 200k/1k. Ratings Aaa/AAA. (Moody's/Fitch). Leads RBC, Lloyds, NatWest, Standard Chartered, UBS.",
"dealHistory": "01Jun22 18:09 UKT\nSpread is set at SOFR MS+65bp the number and size is set at USD1.6bn on the 3-year covered deal for RBC due 09 July 2025. 144a/RegS no reg rights. Settle T+6. Denoms 200k/1k. Ratings Aaa/AAA. (Moody's/Fitch). Leads RBC, Lloyds, NatWest, Standard Chartered, UBS. Timing: Pricing today.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal/13514614"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal?updatedSince=2022-06-06T07%3A52%3A44Z"
}
}
},
{
"dealId": 13514539,
"market": "IG",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-01",
"pricingTime": "16:58+01:00",
"borrower": {
"name": "SASKATCHEWAN",
"region": "North America",
"country": "CANADA",
"type": "Muni/Local Gov't",
"sector": "Municipality/Local Government",
"ticker": "SCDA"
},
"currency": "USD",
"nominal": {
"amount": 1000.0,
"converted": {
"usd": 999.95000
}
},
"rating": {
"moodys": "Aa1",
"standardAndPoors": "AA",
"fitch": "AA"
},
"grade": "INVESTMENT",
"ranking": "IG",
"cpn": "3.25",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2027-06-08",
"fpr": 99.995,
"spread": "SMS+55",
"yield": "3.251%",
"fxRate": {
"usd": 1.0
},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW7614843 CORP",
"priceEvolution": [
{
"date": "2022-06-01T07:27:00Z",
"value": "SOFR MS+57a"
},
{
"date": "2022-06-01T10:25:00Z",
"value": "SOFR MS+55"
}
],
"banks": [
{
"name": "TORONTO DOMINION",
"status": "active"
},
{
"name": "RBC",
"status": "active"
},
{
"name": "NBF",
"status": "active"
},
{
"name": "CIBC",
"status": "active"
}
],
"pref": false,
"covered": false,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": false,
"secRegistered": true,
"secExempt": false,
"section3a2": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": false,
"cuc": false,
"mwc": false,
"message": "Priced: USD1bn, coupon 3.25%, due 08 June 2027. Reoffer 99.995, spread SOFR MS+55bp / UST 2.625% May 2027+33.5bp. Settle 08 June 2022. SEC registered Global. List Lux, denoms 5kx1k. Rated Aa1/AA/AA (all stable). Bookrunners CIBC Capital Markets, National Bank of Canada Financial, RBC Capital Markets and TD Securities. Books last heard over USD2.1bn.",
"dealHistory": "01Jun22 08:27 UKT\nGuidance is SOFR MS+57bp area for the Province of Saskatchewan's planned USD1bn (no grow) 5-year issue, due 08 June 2027. Settle 08 June 2022. SEC registered Global. List Lux, denoms 5kx1k. Rated Aa1/AA/AA (all stable). Bookrunners CIBC Capital Markets, National Bank of Canada Financial, RBC Capital Markets and TD Securities. \nBook update: IOIs in excess of USD 1.6bn, today's business.\n\n23May22 09:31 UKT\n\"The Province of Saskatchewan (ticker: SCDA), rated Aa1/AA/AA (all stable) by Moody's/S&P/Fitch, has mandated CIBC Capital Markets, National Bank of Canada Financial, RBC Capital Markets and TD Securities as Joint Bookrunners to arrange a series of investor calls ahead of a potential SEC registered 5 year fixed rate USD benchmark transaction. The transaction is expected to be launched in the near future, subject to market conditions.\"",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal/13514539"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal?updatedSince=2022-06-06T07%3A48%3A39Z"
}
}
},
{
"dealId": 13514356,
"market": "IG",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-01",
"pricingTime": "12:41+01:00",
"borrower": {
"name": "ADB",
"region": "HG Global",
"country": "HG GLOBAL MULTINATIONAL",
"type": "SUPRA",
"sector": "Supra",
"ticker": "ASIA"
},
"currency": "EUR",
"nominal": {
"amount": 1000.0,
"converted": {
"usd": 1059.9237500
}
},
"rating": {
"moodys": "Aaa",
"standardAndPoors": "AAA",
"fitch": "AAA"
},
"grade": "INVESTMENT",
"ranking": "IG",
"cpn": "2.00",
"cpnType": "FIXED",
"perpetual": false,
"maturity": "2037-06-10",
"fpr": 99.5,
"spread": "MS+3",
"yield": "2.039%",
"fxRate": {
"usd": 1.06525
},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9331263 CORP",
"priceEvolution": [
{
"date": "2022-06-01T07:14:00Z",
"value": "MS+3a"
},
{
"date": "2022-06-01T09:11:00Z",
"value": "MS+3"
},
{
"date": "2022-06-01T10:18:00Z",
"value": "MS+3"
}
],
"banks": [
{
"name": "CITIGROUP",
"status": "active"
},
{
"name": "GOLDMAN SACHS",
"status": "active"
},
{
"name": "MORGAN STANLEY",
"status": "active"
},
{
"name": "CREDIT AGRICOLE",
"status": "active"
}
],
"pref": false,
"covered": false,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": false,
"secRegistered": false,
"secExempt": true,
"section3a2": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": true,
"cuc": false,
"mwc": false,
"message": "Priced: EUR1bn, coupon 2.00%, due 10 June 2037. Reoffer 99.50, spread MS+3bp / DBR May 2036+71.9bp. Yield 2.039%. Settle 10 June 2022. Global SEC exempt. List Lux, denoms 1kx1k. Rated Aaa/AAA/AAA (all satble). Bookrunners Credit Agricole CIB, Citigroup, Goldman Sachs International and Morgan Stanley. Books last heard over EUR1.1bn (excluding JLMs interests).",
"dealHistory": "01Jun22 11:55 UKT\nSpread is set at MS+3bp for the Asian Development Bank (ADB)'s planned EUR1bn 15-year issue, due 10 June 2037. Settle 10 June 2022. Global SEC exempt. List Lux, denoms 1kx1k. Rated Aaa/AAA/AAA (all satble). Bookrunners Credit Agricole CIB, CITI, Goldman Sachs International and Morgan Stanley. \nBook update: Last heard over EUR1.1bn (excluding JLMs interests). Hedge deadline 12.20pm UK time, today's business.\n\n01Jun22 10:11 UKT\nSpread is set at MS+3bp for the Asian Development Bank (ADB)'s planned EUR benchmark 15-year issue, due 10 June 2037. Settle 10 June 2022. Global SEC exempt. List Lux, denoms 1kx1k. Rated Aaa/AAA/AAA (all satble). Bookrunners Credit Agricole CIB, CITI, Goldman Sachs International and Morgan Stanley. \nBook update: Over EUR1.1bn (excluding JLMs interests), to close at 11am UK time. Today's business.\n\n01Jun22 08:14 UKT\nGuidance is MS+3bp area for the Asian Development Bank (ADB)'s planned EUR benchmark 15-year issue, due 10 June 2037. Settle 10 June 2022. Global SEC exempt. List Lux, denoms 1kx1k. Rated Aaa/AAA/AAA (all satble). Bookrunners Credit Agricole CIB, CITI, Goldman Sachs International and Morgan Stanley. Books open, today's business.\n\n31May22 14:11 UKT\n\"Asian Development Bank (ADB), rated Aaa/AAA/AAA, has mandated Credit Agricole CIB, CITI, Goldman Sachs International and Morgan Stanley to lead manage a new 15-Year Global (SEC Exempt) EUR benchmark transaction. The issue is expected to be launched and priced in the near future, subject to market conditions. The manufacturer target markets (MiFID II/UK MiFIR product governance) as assessed by the lead managers are professional and eligible counterparties only (all distribution channels). FCA/ICMA stabilisation.\"",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal/13514356"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal?updatedSince=2022-06-06T07%3A35%3A56Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/ig/priced-deal?seeker=2022-06-01T18%3A36%3A33Z_13514612"
}
}
}HY market
GET https://api.bondradar.com/v3/bond/hy/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 13514705,
"market": "HY",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-02",
"pricingTime": "20:43+01:00",
"borrower": {
"name": "ADVANCED DRAINAGE SYSTEMS",
"region": "North America",
"country": "USA",
"type": "Corporate",
"sector": "Infrastructure",
"ticker": "WMS"
},
"currency": "USD",
"nominal": {
"amount": 500.0,
"converted": {
"usd": 500.000
}
},
"rating": {
"moodys": "Ba2",
"standardAndPoors": "NR",
"fitch": "NR"
},
"grade": "HIGH_YIELD",
"ranking": "HY",
"cpn": "6.375",
"cpnType": "FIXED",
"nonBullet": "8NC3",
"firstCallDate": "2025-07-15",
"perpetual": false,
"maturity": "2030-06-15",
"fpr": 100.0,
"spread": "T+348",
"yield": "6.375%",
"fxRate": {
"usd": 1.0
},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9822246 CORP",
"priceEvolution": [
{
"date": "2022-06-02T15:22:00Z",
"value": "6.50%a"
}
],
"banks": [
{
"name": "BARCLAYS",
"status": "active"
},
{
"name": "BANK OF AMERICA",
"status": "active"
},
{
"name": "MORGAN STANLEY",
"status": "active"
},
{
"name": "HSBC",
"status": "active"
},
{
"name": "BANK OF MONTREAL",
"status": "active"
},
{
"name": "PNC FINANCIAL SERVICES GROUP",
"status": "active"
},
{
"name": "FIFTH THIRD",
"status": "active"
}
],
"pref": false,
"covered": false,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": true,
"secRegistered": false,
"secExempt": false,
"section3a2": false,
"green": false,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": false,
"cuc": false,
"mwc": true,
"message": "Priced: USD500m, coupon 6.375%, due 15 June 2030. Reoffer 100.00, yield 6.375%, spread UST 0.625% May 2030+348bp. Senior unsecured notes. 144a/RegS with no reg rights. UOP: Repay a portion of outstanding RCF borrowings, fund GCP. Denoms 2k/1k. Ratings Ba2/B+. Leads Morgan Stanley, BofA, Barclays, PNC, FTH, BMO, HSBC.",
"dealHistory": "02Jun22 16:22 UKT\nPrice talk is 6.50% area on Advanced Drainage Systems planned USD500m 8NC3 deal. Senior unsecured notes. 144a/RegS with no reg rights. UOP: Repay a portion of outstanding RCF borrowings, fund GCP. Denoms 2k/1k. Ratings Ba2/B+. Leads Morgan Stanley, BoA, Barc, PNC, FTH, BMO, HSBC.\n\n02Jun22 16:22 UKT\nPrice talk is 6.50% area on Advanced Drainage Systems planned USD500m 8NC3 deal. Senior unsecured notes. 144a/RegS with no reg rights. UOP: Repay a portion of outstanding RCF borrowings, fund GCP. Denoms 2k/1k. Ratings Ba2/B+. Leads Morgan Stanley, BoA, Barc, PNC, FTH, BMO, HSBC. Timing: Books close at 12:30pm ET, pricing today. \n\n02Jun22 12:48 UKT\nAdvanced Drainage Systems is planning a USD500m 8NC3 deal. Senior unsecured notes. 144a/RegS with no reg rights. UOP: Repay a portion of outstanding RCF borrowings, fund GCP. Denoms 2k/1k. Ratings Ba2/B+. Leads Morgan Stanley, BoA, Barc, PNC, FTH, BMO, HSBC. Timing: Investor call at 10am, pricing today.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal/13514705"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal?updatedSince=2022-06-06T08%3A42%3A39Z"
}
}
},
{
"dealId": 13514639,
"market": "HY",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-01",
"pricingTime": "23:40+01:00",
"borrower": {
"name": "ARDAGH METAL PACKAGING",
"region": "North America",
"country": "USA",
"type": "Corporate",
"sector": "Manufacturing",
"subsector": "Packaging",
"ticker": "AMPBEV"
},
"currency": "USD",
"nominal": {
"amount": 600.0,
"converted": {
"usd": 600.000
}
},
"rating": {
"moodys": "Ba2",
"standardAndPoors": "BB",
"fitch": "NR"
},
"grade": "HIGH_YIELD",
"ranking": "HY",
"cpn": "6.00",
"cpnType": "FIXED",
"nonBullet": "5NC2",
"firstCallDate": "2024-06-15",
"perpetual": false,
"maturity": "2027-06-15",
"fpr": 100.0,
"yield": "6.00%",
"fxRate": {
"usd": 1.0
},
"subordinated": false,
"leagueTableEligible": true,
"bloombergCode": "BW9669969 CORP",
"priceEvolution": [
{
"date": "2022-06-01T16:09:00Z",
"value": "6%a"
}
],
"banks": [
{
"name": "BANK OF AMERICA",
"status": "active"
},
{
"name": "CITIGROUP",
"status": "active"
},
{
"name": "GOLDMAN SACHS",
"status": "active"
},
{
"name": "RABOBANK",
"status": "active"
}
],
"pref": false,
"covered": false,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": true,
"secRegistered": false,
"secExempt": false,
"section3a2": false,
"green": true,
"sustainable": false,
"sustainabilityLinked": false,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"coc": true,
"cuc": false,
"mwc": true,
"message": "Priced: USD600m, coupon 6.00%, due 15 June 2027 (callable from 15 June 2024). Reoffer 100.00, yield 6.00%. Issuer Ardagh Metal Packaging. Green bond. Settle 08 June 2022. 144A/RegS. Senior secured. UOP: Proceeds to be used for GCP including funding previously announced Business Growth Investments in accordance with the Ardagh Group Green Financing Framework. Expected ratings Ba2/BB/BB. COC at 101%. Denoms 200k+1k. Leads Citigroup (Lead), BofA, Goldman Sachs, Rabobank.",
"dealHistory": "01Jun22 17:09 UKT\nPrice talk is 6.00% area on Ardagh Metal Packaging's planned USD600m 5NC2 green bond. Settle 08 June 2022. 144A/RegS. Senior secured. UOP: Proceeds to be used for GCP including funding previously announced Business Growth Investments in accordance with the Ardagh Group Green Financing Framework. Expected ratings Ba2/BB/BB. COC at 101%. Denoms 200k+1k. Leads Citigroup (Lead), BofA, Goldman Sachs, Rabobank. Timing: Books close today at 1pm ET, pricing today.\n\n01Jun22 13:18 UKT\nArdagh Metal Packaging is planning a USD600m 5NC2 green bond. Settle 08 June 2022. 144A/RegS. Senior secured. UOP: Proceeds to be used for GCP including funding previously announced Business Growth Investments in accordance with the Ardagh Group Green Financing Framework. Expected ratings Ba2/BB/BB. COC at 101%. Denoms 200k+1k. Leads Citigroup (Lead), BofA, Goldman Sachs, Rabobank. Timing: Investor call on 01 June at 3pm UKT.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal/13514639"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal?updatedSince=2022-06-06T08%3A35Z"
}
}
},
{
"dealId": 13514628,
"market": "HY",
"dealType": "ORIGINAL",
"pricingDate": "2022-06-01",
"pricingTime": "21:26+01:00",
"borrower": {
"name": "KINETIK HOLDINGS",
"region": "North America",
"country": "USA",
"type": "Corporate",
"sector": "Basic Materials",
"subsector": "Oil & Gas",
"ticker": ""
},
"currency": "USD",
"nominal": {
"amount": 1000.0,
"converted": {
"usd": 995.88000
}
},
"rating": {
"moodys": "Ba1",
"standardAndPoors": "BB+",
"fitch": "NR"
},
"grade": "HIGH_YIELD",
"ranking": "HY",
"cpn": "5.875",
"cpnType": "FIXED",
"nonBullet": "8NC3",
"firstCallDate": "2025-06-15",
"perpetual": false,
"maturity": "2030-06-15",
"fpr": 99.588,
"spread": "T+300",
"yield": "5.94%",
"fxRate": {
"usd": 1.0
},
"subordinated": false,
"leagueTableEligible": false,
"bloombergCode": "BW9599711 CORP",
"priceEvolution": [
{
"date": "2022-06-01T12:53:00Z",
"value": "lo/mid 6%"
},
{
"date": "2022-06-01T16:57:00Z",
"value": "6.00/6.25%"
}
],
"banks": [
{
"name": "BARCLAYS",
"status": "active"
},
{
"name": "BANK OF AMERICA",
"status": "active"
},
{
"name": "JP MORGAN",
"status": "active"
},
{
"name": "CITIGROUP",
"status": "passive"
},
{
"name": "CREDIT SUISSE",
"status": "active"
},
{
"name": "GOLDMAN SACHS",
"status": "passive"
},
{
"name": "MORGAN STANLEY",
"status": "active"
},
{
"name": "MIZUHO",
"status": "active"
},
{
"name": "TORONTO DOMINION",
"status": "active"
},
{
"name": "RBC",
"status": "active"
},
{
"name": "WELLS FARGO",
"status": "active"
},
{
"name": "PNC FINANCIAL SERVICES GROUP",
"status": "active"
}
],
"pref": false,
"covered": false,
"only144a": false,
"onlyRegS": false,
"regSAnd144a": true,
"secRegistered": false,
"secExempt": false,
"section3a2": false,
"green": false,
"sustainable": true,
"sustainabilityLinked": true,
"social": false,
"seniorNonPreferred": false,
"seniorPreferred": false,
"holdCo": false,
"opCo": false,
"additionalInfo": "Sustainability-linked",
"coc": true,
"cuc": false,
"mwc": true,
"message": "Priced: USD1bn, coupon 5.875%, due 15 June 2030 (callable 15 June 2025). Reoffer 99.588, spread UST 0.625% May 2030+300bp. Yield 5.94%. Sustainability-linked bond. 144a/RegS. Snr unsecured. Global books JP Morgan, Morgan Stanley, Credit Suisse, Barclays. Joint books BofA, Mizuho, PNC, RBC, TD, TRUIST, WFS. Passives Citigroup, Goldman Sachs, Scotia.",
"dealHistory": "01Jun22 17:57 UKT\nPrice talk is 6.00/6.25% on Kinetik Holdings' USD1bn 8NC3 sustainability-linked bond. 144a/RegS. Snr unsecured. Global books JP Morgan, Morgan Stanley, Credit Suisse, Barclays. Joint books BofA, Mizuho, PNC, RBC, TD, TRUIST, WFS. Passives Citigroup, Goldman Sachs, Scotia. Timing: Calls at 11am NYT, today's business. \n\n01Jun22 13:53 UKT\nInitial price thoughts are low-mid 6% on Kinetik Holdings' USD1bn 8NC3 sustainability-linked bond. 144a/RegS. Snr unsecured. Global books JP Morgan, Morgan Stanley, Credit Suisse, Barclays. Joint books BofA, Mizuho, PNC, RBC, TD, TRUIST, WFS. Passives Citigroup, Goldman Sachs, Scotia. Timing: Calls at 11am NYT, today's business.",
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal/13514628"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal?updatedSince=2022-06-06T08%3A32%3A25Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/bond/hy/priced-deal?seeker=2022-03-25T00%3A10%3A03Z_13370570"
}
}
}Retrieve loan expected deals list
API clients can retrieve expected deals list.
AF market
GET https://api.bondradar.com/v3/loan/af/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"dealId": 44464,
"market": "AF",
"stage": "GENERAL",
"created": "2022-06-06T11:14:00Z",
"changed": "2022-06-06T12:19:45Z",
"headline": "Hrvatska elektroprivreda obtains approval for EUR600m loan",
"message": "State-owned Croatian power provider Hrvatska elektroprivreda (HEP) has obtained government approval on a EUR600m credit facility as part of a broader EUR1bn financial package to secure energy supply against the backdrop of the war in Ukraine.\r\n\r\nThe facility, which will be guaranteed by the state, will be provided by a group of commercial banks.\r\n\r\nProceeds will be used to finance the procurement of electricity, gas, coal, and heating energy.\r\n\r\nAs part of the financial package, the borrower is allowed to borrow an additional EUR400m to ensure that 270.83 million cubic metres of gas is stored in the Okoli underground natural gas storage facility.\r\n\r\nIn late April this year, the government decided to stock the storage facility in Okoli, as the current tenants were not willing to fill it due to the high gas prices.\r\n\r\nFollowing the government's intervention measures, the storage should be filled to 90% by the next heating season on 1 November.\r\n\r\nRated Ba1/BBB- (Moody’s/S&P), HEP is a state-owned Croatian road planning, traffic and civil engineering company that plans Croatia’s public road network and develops state road projects.",
"borrower": {
"name": "HRVATSKA ELEKTROPRIVREDA",
"region": "CEEMEA",
"country": "CROATIA",
"type": "Non-Financial",
"sector": "Utilities & Power",
"subsector": "Electricity & Gas (Inc Energy Transport)",
"assetCategory": "Oil & Gas",
"grade": "INVESTMENT",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T14:19:45Z",
"type": "Term Loan",
"shortType": "TL",
"currency": "EUR",
"volume": "600m"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal/44464"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal?updatedSince=2022-06-06T12%3A19%3A45Z"
}
}
},
{
"dealId": 44210,
"market": "AF",
"stage": "GENERAL",
"created": "2022-04-27T11:15:00Z",
"changed": "2022-04-29T11:20:00Z",
"headline": "Hrvatske Ceste obtains approval for HRK870m loan",
"message": "State-owned Croatian Road management company Hrvatske Ceste has obtained government approval on a 12-year HRK870m (USD126.7m) loan to refinance existing debt and finance upcoming projects.\r\n\r\nThe deal, which will be guaranteed by the state, refinances Hrvatske Ceste’s existing HRK214.4m (c.USD29.8m) syndicated loan and their HRK66.7m (c.USD9.26m) loan from Intesa Sanpaolo (Privredna Banka Zagreb).\r\n\r\nThe remaining HRK589m (c.USD81.74m) will provide financing for 16 projects including the HRK95m (c.USD13.18m) Sava Bridge near Gradiska.\r\n\r\nThe deal is said to pay a fixed interest rate of 1.15% per annum.\r\n\r\nLenders on the deal are understood to include Erste, Hrvatsla Postanska Banka, Intesa Sanpaolo (Privredna banka Zagreb), OTP Bank, RB International and UniCredit (ZABA).\r\n\r\nHrvatske Ceste is a state-owned Croatian road planning, traffic and civil engineering company that plans Croatia’s public road network and develops state road projects.",
"borrower": {
"name": "HRVATSKE CESTE",
"region": "CEEMEA",
"country": "CROATIA",
"type": "Non-Financial",
"sector": "Infrastructure",
"subsector": "Roads / Bridges",
"assetCategory": "Project",
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T13:14:57Z",
"type": "Term Loan",
"shortType": "TL",
"currency": "HRK",
"volume": "870m",
"maturity": "2034-4",
"margin": "115"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal/44210"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal?updatedSince=2022-06-06T11%3A14%3A57Z"
}
}
},
{
"dealId": 44461,
"market": "AF",
"stage": "UPCOMING",
"created": "2022-06-06T09:34:00Z",
"changed": "2022-06-06T10:28:46Z",
"headline": "Adnan Polat Enerji seeks refi",
"message": "Debt financing is being lined up to refinance existing debt amounting to USD285m for Turkish renewable energy company Adnan Polat Enerji (Adnan Polat).\r\n\r\nThe European Bank for Reconstruction and Development (EBRD) is considering providing a nine-year green loan of up to USD100m, together with commercial banks as parallel lenders.\r\n\r\nThe deal will enable new renewable energy investments of c.200MW and potentially integrated energy storage facilities until 2025 by reducing the borrower’s debt exposure and strengthening its balance sheet. \r\n\r\nThe EBRD portion of the deal is expected to be approved by 6 July.\r\n\r\nIn line with regulations, the proposed green loan will replace facilities used in the development of wind projects for a renewable energy producer.\r\n\r\nMoreover, the project is expected to improve employment opportunities for women and young people by strengthening the ability of the company to advance the school-to-work transition of potential renewable energy specialists.\r\n\r\nAdnan Polat is one of the largest wind power plant investors in Tukey, with a total installed power of 585MW. It is 50/50 owned by the Turkish group Polat Holding and Maxis Girisim Sermayesi Portfoy Yonetimi (Maxis), a subsidiary of investment company Yatirim Menkul Degerler.",
"borrower": {
"name": "POLAT ENERJI",
"region": "CEEMEA",
"country": "TURKEY",
"type": "Non-Financial",
"sector": "Utilities & Power",
"subsector": "Renewable Energy",
"assetCategory": "Infrastructure",
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T12:28:46Z",
"type": "Term Loan",
"shortType": "TL",
"currency": "USD",
"volume": "100m",
"maturity": "2031-7"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal/44461"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal?updatedSince=2022-06-06T10%3A28%3A46Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/af/expected-deal?seeker=2021-12-21T10%3A41%3A00Z_43312"
}
}
}CF market
GET https://api.bondradar.com/v3/loan/cf/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"dealId": 44462,
"market": "CF",
"stage": "MANDATE",
"created": "2022-06-06T10:03:00Z",
"changed": "2022-06-06T10:39:47Z",
"headline": "Chow Tai Fook seeks HKD8bn ESG-linked loan for refi",
"message": "Hong Kong-based conglomerate Chow Tai Fook (CTF) is seeking a five-year HKD8bn-equivalent (c.USD1.02bn) dual-currency sustainability-linked loan to refinance existing debt and for general working capital and corporate funding requirements.\r\n\r\nThe facility will pay a margin of H+120bp.\r\n\r\nLenders are invited to participate in the following tickets and upfront fees:\r\n\r\n- Senior MLA = HKD1bn or above for 166bp;\r\n- MLA = HKD700m-HKD999m for 155b;\r\n- Lead arranger = HKD400m-HKD699m for 135bp; and\r\n- Arranger = HKD200m-HKD399m for 113bp.\r\n\r\nChina CITIC, China Construction Bank, CTBC, Natixis and Shanghai Pudong are acting as Bookrunners, MLAs and Underwriters.\r\n\r\nCTF has holdings in jewellery, property development, hotel department store, transportation, energy, telecommunications, port and casino sectors. The group is partially listed on the Hong Kong stock exchange through associate company New World Development and subsidiary Chow Tai Fook Jewellery.",
"borrower": {
"name": "CTF",
"region": "Asia Pacific",
"country": "HONG KONG",
"type": "Non-Financial",
"sector": "Consumer Goods & Services",
"subsector": "Retail (High Street and Online) / Fashion / Restaurants",
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T12:39:47Z",
"type": "Term Loan",
"shortType": "TL",
"currency": "HKD",
"volume": "8000m",
"maturity": "2027-6",
"margin": "120"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal/44462"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal?updatedSince=2022-06-06T10%3A39%3A47Z"
}
}
},
{
"dealId": 44367,
"market": "CF",
"stage": "GENERAL",
"created": "2022-05-24T08:31:00Z",
"changed": "2022-05-24T10:08:17Z",
"headline": "Trina Solar seeks USD150m green loan ",
"message": "Chinese photovoltaic module maker Trina Solar is seeking to raise a three-year USD150m unsecured green loan to finance or refinance eligible green projects.\r\n\r\nThe facility pays a margin of SOFR+202bp.\r\n\r\nLenders are invited to participate in the following tickets and upfront fees:\r\n\r\n- MLA = USD35m or above for 77bp;\r\n- Lead Arranger = USD25m-USD34m for 63.25bp; and\r\n- Arranger = USD15m-USD24m for 49.5bp.\r\n\r\nThe loan has a repayment schedule of 5% (18 months), 10% (24 months), 15% (30 months) and 70% (maturity).\r\n\r\nThe deal also features a 35bp commitment fee and a three-month availability.\r\n\r\nStandard Chartered is acting as Bookrunner and MLA on the deal.\r\n\r\nCommitments are due by 17 June.\r\n\r\nListed on the Shanghai stock exchange, Trina Solar specialises in the production of monocrystalline and multi-crystalline silicon ingots, wafers and cells for the assembly of high-quality modules.\r\n\r\nIt has delivered more than 100GW of solar modules in over 100 countries worldwide.",
"borrower": {
"name": "TRINA SOLAR",
"region": "Asia Pacific",
"country": "CHINA",
"type": "Non-Financial",
"sector": "Utilities & Power",
"subsector": "Power / Energy",
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-05-24T12:08:17Z",
"type": "Term Loan",
"shortType": "TL",
"currency": "USD",
"volume": "150m ",
"maturity": "2025-6",
"margin": "202"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal/44367"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal?updatedSince=2022-05-24T10%3A08%3A17Z"
}
}
},
{
"dealId": 44355,
"market": "CF",
"stage": "COMMITMENT LETTER",
"created": "2022-05-23T12:03:00Z",
"changed": "2022-05-23T14:57:00Z",
"headline": "Moonpig lines up GBP60m RCF for Buyagift acquisition",
"message": "London-listed greeting cards company Moonpig has lined up a GBP60m RCF to back its GBP124m acquisition of UK-based gift experiences company Smartbox Group UK (dba Buyagift).\r\n\r\nMoonpig is funding the transaction through a combination of available cash and the new additional RCF which has been committed by certain existing lenders in addition to the group’s existing senior facilities agreement from January 2021.\r\n\r\nOnce completed, Buyagift will be run as a standalone segment under its existing management team.\r\n\r\nCompletion of the proposed acquisition is conditional on UK regulatory clearance, and it is expected to complete by the end of July 2022.\r\n\r\nMoonpig's senior facilities agreement includes a five-year GBP175m term loan and a five-year GBP20m RCF. Lenders included Banco Santander, Barclays, Credit Agricole, CIC, HSBC, ING, Investec, JP Morgan, NatWest and Silicon Valley Bank.\r\n\r\nBuyagift is a gift experiences platform that operates in the UK under their brand’s Buyagift.co.uk and Red Letter Days. Buyagift.co.uk is the UK’s largest gift experiences platform while Red Letter Days is the UK’s third-largest gift experiences platform.\r\n\r\nMoonpig is a UK based greeting cards, flowers and gifts business founded in 2000. The company was publicly listed in February 2021. ",
"borrower": {
"name": "MOONPIG",
"region": "Western Europe",
"country": "UK",
"type": "Non-Financial",
"sector": "Technology",
"subsector": "IT (eg online co's / ISPs / software cos / cloud computing)",
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": true,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "TO_BE_INCREASED",
"changed": "2022-05-23T17:19:50Z",
"type": "Add-on RCF",
"shortType": "RCF",
"currency": "GBP",
"volume": "60m",
"maturity": "2026-1"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal/44355"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal?updatedSince=2022-05-23T15%3A19%3A50Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/cf/expected-deal?seeker=2022-03-29T12%3A47%3A09Z_43392"
}
}
}LL market
GET https://api.bondradar.com/v3/loan/ll/expected-deal
Authorization: Bearer {access-token}{
"_embedded": {
"expectedDeals": [
{
"dealId": 44404,
"market": "LL",
"stage": "GENERAL",
"created": "2022-05-26T10:45:00Z",
"changed": "2022-06-06T15:53:32Z",
"headline": "CDK Global USD3.35bn TLB 7yr: Revised timing",
"message": "Commitments are now due on Thursday (9 June), after the deadline was accelerated by five days on a USD4bn credit facility backing the take-private of NASDAQ-listed automotive software provider CDK Global by private equity firm Brookfield. The deal comprises a 7yr USD3.35bn TLB (rated B1/B+), talked at SOFR+457-500bp, 0.5% floor, OID of 95-96, call pro: 6m SC 101; and a USD650m RCF (rated B1/B+). Arrangers: Credit Suisse (Left Lead), Bank of America, Bank of Montreal, Barclays, BNP Paribas, CIBC, Credit Agricole, Deutsche, Goldman Sachs, Golub, MUFG, RBC, Scotia, SocGen, Toronto Dominion, Wells Fargo. The broader debt package includes a USD865m tranche, which has been privately placed with Goldman Sachs' private credit unit. CDK Global is now rated B2/B+ by M/S, following a 4/3-notch downgrade.",
"borrower": {
"name": "CDK GLOBAL",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Technology",
"subsector": "IT (eg online co's / ISPs / software cos / cloud computing)",
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "BROOKFIELD ASSET MANAGEMENT"
}
]
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": true,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T17:53:32Z",
"type": "Term Loan B",
"shortType": "TLB",
"currency": "USD",
"volume": "3350m",
"maturity": "2029-6",
"margin": "475-500",
"oid": "95-96",
"timing": "due 9 Jun"
},
{
"name": "B",
"status": "EXPECTED",
"changed": "2022-06-06T17:53:32Z",
"type": "RCF",
"shortType": "RCF",
"currency": "USD",
"volume": "650m",
"maturity": "2027-6",
"timing": "due 9 Jun"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal/44404"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal?updatedSince=2022-06-06T15%3A53%3A32Z"
}
}
},
{
"dealId": 44459,
"market": "LL",
"stage": "GENERAL",
"created": "2022-06-06T09:07:00Z",
"changed": "2022-06-06T13:10:40Z",
"headline": "Kofax EUR300m/USD1.025bn buyout TLB: Price talk ",
"message": "A dual-currency USD1.346bn-equiv TLB (rated B2/B/BB- by M/S) backing the secondary buyout of US software company Kofax by Clearlake Capital and TA Associates from peer Thoma Bravo has been priced. The deal comprises a EUR300m tranche, talked at E+525bp, 0% floor, OID of 93-94; and a USD1.025bn portion, talked at SOFR+CSA+525bp, 0.5% floor, OID of 93-94. CSA: 10bp. Call pro: 6m SC 101. Bookrunners: JP Morgan (Left Lead), Antares, Bank of Montreal, Blackstone, Brinley Partners, Credit Suisse, Jefferies, KKR, Goldman Sachs, PSP Investments, Security Benefit, Stone Point Capital, UBS, Wells Fargo. Commitment deadline: 14 June. The broader debt package includes a USD150m RCF (rated B2/BB/BB-) and a USD348m 2LTL (rated Caa2/CCC+/CCC+). Kofax is rated B3/B/B.",
"borrower": {
"name": "KOFAX",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Technology",
"subsector": "IT (eg online co's / ISPs / software cos / cloud computing)",
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "CLEARLAKE"
},
{
"name": "TA ASSOCIATES"
}
]
},
"ticker": "KOFAX"
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": true,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T15:10:40Z",
"type": "Term Loan B",
"shortType": "TLB",
"currency": "EUR",
"volume": "300m",
"maturity": "2029-6",
"margin": "525",
"oid": "93-94",
"timing": "due 14 Jun"
},
{
"name": "B",
"status": "EXPECTED",
"changed": "2022-06-06T15:10:40Z",
"type": "Term Loan B",
"shortType": "TLB",
"currency": "USD",
"volume": "1025m",
"maturity": "2029-6",
"margin": "525",
"oid": "93-94",
"timing": "due 14 Jun"
},
{
"name": "C",
"status": "EXPECTED",
"changed": "2022-06-06T15:10:40Z",
"type": "RCF",
"shortType": "RCF",
"currency": "USD",
"volume": "150m",
"maturity": "2027-6",
"timing": "due 14 Jun"
},
{
"name": "D",
"status": "EXPECTED",
"changed": "2022-06-06T15:10:40Z",
"type": "Second-lien Loan",
"shortType": "2LTL",
"currency": "USD",
"volume": "348m",
"maturity": "2030-6",
"timing": "due 14 Jun"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal/44459"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal?updatedSince=2022-06-06T13%3A10%3A40Z"
}
}
},
{
"dealId": 44391,
"market": "LL",
"stage": "GENERAL",
"created": "2022-05-25T14:25:00Z",
"changed": "2022-06-01T10:57:00Z",
"headline": "Inspired EUR250m TLB May26: Revised to E+450bp-475bp 0% 97",
"message": "Commitments are now due on Tuesday (7 June), after privately-owned UK-based premium education provider Inspired (rated B2/B by M/S) accelerated the deadline by a day, revised guidance and added a margin ratchet on a non-fungible EUR250m cov-light TLB (rated B2/B), due in May 2026. UOP: fund Inspired's acquisition of Brazilian-based rival Eleva Global Schools including the Escola Eleva, Gurilandia, Batutinhas, and Leonardo Da Vinci schools from the Eleva Educacao Group. Price talk: E+450bp-475bp (vs 475bp), 0% floor, OID of 97 (vs 96.5-97). Call pro: 6m SC 101. Margin ratchet: 25bp step-downs at 4.25x and 50bp step-down at 4x SSNLR. Margin ratchet holiday: 6m. Sole Physical Bookrunner and MLA. The deal is coterminous with the group's existing EUR795m TLB, paying E+325bp, 0% floor. Inspired was founded by Nadim M Nsouli in 2013 through his Educas investment vehicle.",
"borrower": {
"name": "INSPIRED",
"region": "Western Europe",
"country": "UK",
"type": "Non-Financial",
"sector": "Consumer Goods & Services",
"subsector": "Education",
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "EDUCAS"
}
]
},
"ticker": "INSHOL"
},
"useOfProceeds": {
"mergersAndAcquisitions": true,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T13:16:40Z",
"type": "Term Loan B",
"shortType": "TLB",
"currency": "EUR",
"volume": "250m",
"maturity": "2026-5",
"margin": "450-475",
"oid": "97",
"timing": "due 7 Jun"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal/44391"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal?updatedSince=2022-06-06T11%3A16%3A39Z"
}
}
},
{
"dealId": 44439,
"market": "LL",
"stage": "GENERAL",
"created": "2022-05-31T13:41:00Z",
"changed": "2022-06-06T11:10:06Z",
"headline": "Imperial Dade USD650m TLB 4yr: Timing ",
"message": "Commitments are now due tomorrow (7 June) at 12pm after the deadline was accelerated by two days on a USD650m non-fungible TLB (rated B3/B- by M/S), maturing in June 2026, for US logistics and supply chain company Imperial Dade (rated B3/B-). UOP: partially finance the acquisition of a 45% stake in the company by private equity firm Advent International from Bain Capital and repay RCF borrowings. Price talk: SOFR+462.5bp, 0.5% floor, OID of 95. CSA: 10bp. Call pro: 6m SC 101. Arrangers: Credit Suisse (Left Lead), Bank of Montreal, Barclays, Citizens, Goldman Sachs, Stifel. The deal is coterminous with the borrower's existing USD790m cov-light TLB (rated B3/B), paying L+400bp, 0% floor.",
"borrower": {
"name": "IMPERIAL DADE",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Transport & Logistics",
"subsector": "Logistics",
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "ADVENT"
},
{
"name": "BAIN CAPITAL"
}
]
},
"ticker": "IMPPAP"
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": true,
"dividendRecap": false
},
"tranches": [
{
"name": "A",
"status": "EXPECTED",
"changed": "2022-06-06T13:10:06Z",
"type": "Term Loan B",
"shortType": "TLB",
"currency": "USD",
"volume": "650m",
"maturity": "2026-6",
"margin": "462.5",
"oid": "95",
"timing": "due 7 Jun"
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal/44439"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal?updatedSince=2022-06-06T11%3A10%3A06Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/ll/expected-deal?seeker=2022-04-11T09%3A27%3A54Z_43651"
}
}
}Retrieve loan priced deals list
API clients can retrieve priced deals list.
AF market
GET https://api.bondradar.com/v3/loan/af/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 44469,
"market": "AF",
"pricedDate": "2022-06-01",
"headline": "CityFibre secures financing for fibre network rollout",
"message": "UK independent fibre network infrastructure provider CityFibre has signed a seven-year GBP3.65bn credit facility as part of a broader GBP3.9bn debt package, with a GBP1bn accordion option to back its fibre network rollout.\r\n\r\nThe facility comprises:\r\n\r\n- a GBP1.2bn term loan;\r\n- a GBP2.3bn capex term loan; and\r\n- a GBP150m RCF.\r\n\r\nBBVA, Credit Agricole, ING, Intesa Sanpaolo, NatWest, SEB and SocGen acted as Bookrunners, while ABN AMRO and Lloyds (Agent) served as MLAs.\r\n\r\nIn tandem, the borrower also raised a seven-year GBP200m term loan from the UK Infrastructure Bank and a seven-year GBP51m term loan from M&G.\r\n\r\nProceeds, together with GBP1.125bn of equity from two new investors, Mubadala and Interogo Holding, as well as from existing investors Antin and Goldman Sachs Asset Management, will be used to complete the fibre network rollout to reach 8m homes, 400k public sector sites and 250k 5G access points by 2029.\r\n\r\nThey will help establish the UK’s first large-scale carrier-neutral full-fibre infrastructure programme providing internet service providers and mobile operators with access to their fixed-line network, and yielding some GBP38bn in economic benefits to the UK.\r\n\r\nThe funds will also enable CityFibre to upweight its participation in Building Digital UK's (BDUK) ‘Project Gigabit’ rural programme.\r\n\r\nCityFibre is the UK’s leading independent full-fibre network providing broadband, ethernet and 5G services to over 1.5m premises.",
"borrower": {
"name": "CITYFIBRE",
"region": "Western Europe",
"country": "UK",
"type": "Non-Financial",
"sector": "Media & Telecoms",
"subsector": "Telco (including infrastructure/towers/video and audio conferencing)",
"assetCategory": "Infrastructure",
"leveragedMultiple": "0",
"ratings": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 3650,
"currency": "GBP"
}
],
"converted": {
"usd": 4600.825
}
},
"tranches": [
{
"id": 301590,
"name": "A",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "GBP",
"nominal": {
"amount": 1200,
"converted": {
"usd": 1512.6
}
},
"fxRate": {
"usd": 1.2605
},
"maturity": "2029-6",
"pricingDate": "2022-06-01",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "LLOYDS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "ABN AMRO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SOCGEN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "SEB",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "NATWEST - RBS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "ING",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "IMI - INTESA SANPAOLO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "CREDIT AGRICOLE",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BBVA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 7
},
{
"id": 301591,
"name": "B",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "GBP",
"nominal": {
"amount": 2300,
"converted": {
"usd": 2899.15
}
},
"fxRate": {
"usd": 1.2605
},
"maturity": "2029-6",
"pricingDate": "2022-06-01",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "LLOYDS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "ABN AMRO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SOCGEN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "SEB",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "NATWEST - RBS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "ING",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "IMI - INTESA SANPAOLO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "CREDIT AGRICOLE",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BBVA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 7
},
{
"id": 301592,
"name": "C",
"status": "SIGNED",
"type": "RCF",
"shortType": "RCF",
"currency": "GBP",
"nominal": {
"amount": 150,
"converted": {
"usd": 189.075
}
},
"fxRate": {
"usd": 1.2605
},
"maturity": "2029-6",
"pricingDate": "2022-06-01",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "LLOYDS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "ABN AMRO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SOCGEN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "SEB",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "NATWEST - RBS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "ING",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "IMI - INTESA SANPAOLO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "CREDIT AGRICOLE",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BBVA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 7
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal/44469"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal?updatedSince=2022-06-06T14%3A59%3A01Z"
}
}
},
{
"dealId": 44443,
"market": "AF",
"pricedDate": "2022-05-16",
"headline": "GreenVolt secures EUR65.2m loan for solar park acquisition",
"message": "Portuguese renewable energy producer GreenVolt Energias (GreenVolt) has secured a EUR65.2m dual-tranche term loan, due in October 2028, split between tranches of EUR39.5m and EUR25.7m.\r\n\r\nThe loan will fund the acquisition of the EUR83m LJG Green Source Energy Alpha 45MW PV Plant in Romania from owners Samsung C&T Corporation, LSG Building Solutions, and Green Source Consulting.\r\n\r\nUniCredit and RB International (plus Raiffeisen Bank Romania) served as MLAs on the transaction.\r\n\r\nIn addition to the acquisition, the loan will also go towards refinancing GreenVolt’s existing debt.\r\n\r\nThe 45MW solar park is the largest solar park operating in Romania, and the energy produced currently has stable revenues. \r\n\r\nGreenVolt, listed on the Euronext exchange, is a leading company in the production of renewable energies.",
"borrower": {
"name": "GREENVOLT",
"region": "CEEMEA",
"country": "POLAND",
"type": "Non-Financial",
"sector": "Utilities & Power",
"subsector": "Renewable Energy",
"assetCategory": "Infrastructure",
"leveragedMultiple": "0",
"ratings": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 65.2,
"currency": "EUR"
}
],
"converted": {
"usd": 67.8407
}
},
"tranches": [
{
"id": 301543,
"name": "A",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "EUR",
"nominal": {
"amount": 39.5,
"converted": {
"usd": 41.0998
}
},
"fxRate": {
"usd": 1.0405
},
"maturity": "2028-10",
"pricingDate": "2022-05-16",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": true,
"grade": "UNRATED",
"banks": [
{
"name": "UNICREDIT",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "RB INTERNATIONAL",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
}
],
"tenor": 6
},
{
"id": 301544,
"name": "B",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "EUR",
"nominal": {
"amount": 25.7,
"converted": {
"usd": 26.7409
}
},
"fxRate": {
"usd": 1.0405
},
"maturity": "2028-10",
"pricingDate": "2022-05-16",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": true,
"grade": "UNRATED",
"banks": [
{
"name": "UNICREDIT",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "RB INTERNATIONAL",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
}
],
"tenor": 6
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal/44443"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal?updatedSince=2022-06-06T09%3A30%3A29Z"
}
}
},
{
"dealId": 38078,
"market": "AF",
"pricedDate": "2019-06-28",
"headline": "Financing secured for southern France broadband network",
"message": "A EUR153m financing package has been secured to back the construction of a high-speed broadband network in the French department of Tarn-et-Garonne.\r\n\r\nLa Banque Postale, Natixis, SocGen participated in the club deal.\r\n\r\nAltitude Infrastructure and BARA are sponsoring the project, with 99.99% and 0.01% of ownership respectively.\r\n\r\nThe project should see more than 7,000km of cable, 150,000km of fibre and 102,000 sockets being built by 2022 to bring high-speed broadband to homes, businesses and public sites in Tarn-et-Garonne.",
"borrower": {
"name": "TARN-ET-GARONNE",
"region": "Western Europe",
"country": "FRANCE",
"type": "Non-Financial",
"sector": "Media & Telecoms",
"subsector": "Telco (including infrastructure/towers/video and audio conferencing)",
"leveragedMultiple": "0",
"ratings": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"grade": "UNRATED",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 153,
"currency": "EUR"
}
],
"converted": {
"usd": 173.5479
}
},
"tranches": [
{
"id": 290536,
"name": "A",
"status": "SIGNED",
"type": "Loan Facility",
"shortType": "LF",
"currency": "EUR",
"nominal": {
"amount": 153,
"converted": {
"usd": 173.5479
}
},
"fxRate": {
"usd": 1.1343
},
"pricingDate": "2019-06-28",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": true,
"grade": "UNRATED",
"banks": [
{
"name": "SOCGEN",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "NATIXIS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "BANQUE POSTALE",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
}
]
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal/38078"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal?updatedSince=2022-06-01T12%3A03%3A37Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/af/priced-deal?seeker=2022-05-31T16%3A16%3A57Z_43591"
}
}
}CF market
GET https://api.bondradar.com/v3/loan/cf/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 44473,
"market": "CF",
"pricedDate": "2022-06-03",
"headline": "EnLink Midstream amends and extends RCF",
"message": "US petrochemical company EnLink Midstream (EnLink) has extended its existing revolving credit facility to June 2027 from January 2024 and downsized it by USD350m to USD1.4bn.\r\n\r\nThe facility includes a letter of credit sub facility of USD500m and features an increase to the size of permitted receivables financing from USD350m to USD500m.\r\n\r\nIn tandem, the company replaced its previous interest rate benchmark to term SOFR from US LIBOR, with pricing/commitment fees tied to the company’s Moody’s/S&P debt rating as follows:\r\n\r\n- Baa1/BBB+ or above = 112.5bp/12.5bp;\r\n- Baa2/BBB = 125bp/15bp;\r\n- Baa3/BBB- = 150bp/20bp;\r\n- Ba1/BB+ = 162.5bp/25bp;\r\n- Ba2/BB = 175bp/30bp; and\r\n- Ba3/BB- or below = 200bp/35bp.\r\n\r\nBased on EnLink’s current rating of Ba1/BB+, the facility pays an initial margin of 162.5bp and a commitment fee of 25bp.\r\n\r\nThe amendment also removes the previous consolidated interest coverage ratio covenant, However, the maximum net leverage ratio covenant of 5x, as of the end of any of the company’s fiscal quarters remains. \r\n\r\nMoreover, the agreement includes an ESG provision that allows the borrower to tie the facility to sustainability-linked KPIs.\r\n\r\nUpon the ESG targets implementation, the margin/commitment fee may increase/decrease by 5bp/2bp per annum, based on the company's performance against such KPIs.\r\n\r\nBank of America (Administrative Agent), Citi, Mizuho, MUFG, PNC, RBC, Toronto Dominion, Truist and Wells Fargo served as JLAs on the transaction.\r\n\r\nThey were joined by CoBank, Comerica Bank, Regions Bank, Scotia, US Bank and Zions as additional lenders.\r\n\r\nThe existing RCF was last amended in December 2018, paying 162.5bp with a 25bp commitment fee. USD100m was left outstanding, which has been made into borrowings under the new RCF.\r\n\r\nNew York-listed EnLink provides midstream services across the natural gas, crude oil, condensate and NGL commodities. It operates in several top US basins, focusing on the growth areas of the Permian’s Midland and Delaware basins, Oklahoma’s Midcontinent and Louisiana’s Gulf Coast.",
"borrower": {
"name": "ENLINK",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Oil / Gas / Petrochemical",
"subsector": "Oil & Gas / Biofeuls / Oilsands (including pipelines / drilling / platforms / service stations etc)",
"leveragedMultiple": "0",
"ratings": {
"moodys": "Ba1",
"standardAndPoors": "BB+",
"fitch": "NR"
},
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 1400,
"currency": "USD"
}
],
"converted": {
"usd": 1400
}
},
"tranches": [
{
"id": 301598,
"name": "A",
"status": "SIGNED",
"type": "RCF",
"shortType": "RCF",
"currency": "USD",
"nominal": {
"amount": 1400,
"converted": {
"usd": 1400
}
},
"fxRate": {
"usd": 1
},
"maturity": "2027-6",
"margin": "162.5",
"pricingDate": "2022-06-03",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "ZIONS",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "US BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "SCOTIA - BANK OF NOVA SCOTIA",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "REGIONS BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "COMERICA BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "COBANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "WELLS FARGO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "TRUIST",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "TORONTO DOMINION",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "RBC",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "PNC",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "MUFG - BTMU",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "MIZUHO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "CITI",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BANK OF AMERICA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 4
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal/44473"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal?updatedSince=2022-06-06T17%3A11%3A25Z"
}
}
},
{
"dealId": 44472,
"market": "CF",
"pricedDate": "2022-06-03",
"headline": "Humana secures USD1.5bn RCF",
"message": "New York-listed insurance company Humana has secured a 364-day USD1.5bn RCF, refinancing an existing facility of the same amount, falling due in June 2022.\r\n\r\nThe facility pays a margin(over Term SOFR)/commitment fee according to the Humana’s Moody’s/S&P rating as follows:\r\n\r\n- A3/A- or above = 94bp/6bp;\r\n- Baa1/BBB+ = 104.5bp/8bp;\r\n- Baa2/BBB = 115bp/10bp;\r\n- Baa3/BBB- = 125bp/ 12.5bp; and\r\n- Ba1/BB+ or below = 135bp/15bp.\r\n\r\nAs Humana has a split rating of Baa3/BBB+ by Moody’s/S&P, the facility will pay a margin of 115bp and a commitment fee of 10bp.\r\n\r\nThe existing facility, which paid a margin of L+115bp, was initially put in place in June last year, alongside a five-year USD2.5bn unsecured revolver, paying L+110bp.\r\n\r\nThe deal permits the incurrence, together with the company’s existing USD2.5bn revolver, of up to USD750m of incremental commitments, which may be allocated between the two credit agreements as Humana elects.\r\n\r\nA covenant on the deal is that Humana’s consolidated capitalisation ratio must be below 0.6x, which can rise to 0.65x following a material step-up acquisition.\r\n\r\nBookrunners include Bank of America, Citi, Goldman Sachs, JP Morgan (Agent), PNC, US Bank and Wells Fargo.\r\n\r\nAdditional lenders are Agricultural Bank of China, Bank of New York, Barclays, Fifth Third, KeyBank, Mizuho, Morgan Stanley, Regions, Scotia, SMBC, Toronto Dominion, Truist and UMB Bank.\r\n\r\nRated BBB+ by Fitch, Humana is a for-profit American health insurance company based in Kentucky, Louisiana. Humana’s largest shareholders include Vanguard (8.22%), T. Rowe price (6.94%) and Wellington Management (6.92%).",
"borrower": {
"name": "HUMANA INC",
"region": "North America",
"country": "USA",
"type": "Financial",
"sector": "Financial",
"subsector": "Insurance",
"leveragedMultiple": "0",
"ratings": {
"moodys": "Baa3",
"standardAndPoors": "BBB+",
"fitch": "BBB+"
},
"grade": "INVESTMENT",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 1500,
"currency": "USD"
}
],
"converted": {
"usd": 1500
}
},
"tranches": [
{
"id": 301597,
"name": "A",
"status": "SIGNED",
"type": "RCF",
"shortType": "RCF",
"currency": "USD",
"nominal": {
"amount": 1500,
"converted": {
"usd": 1500
}
},
"fxRate": {
"usd": 1
},
"maturity": "2023-6",
"margin": "115",
"pricingDate": "2022-06-03",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "UMB BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "TRUIST",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "TORONTO DOMINION",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "SMBC",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "SCOTIA - BANK OF NOVA SCOTIA",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "REGIONS BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "MORGAN STANLEY",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "MIZUHO",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "KEY BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "FIFTH THIRD BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "BARCLAYS",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "BANK OF NEW YORK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "AGRICULTURAL BANK OF CHINA",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "WELLS FARGO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "US BANK",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "PNC",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "JP MORGAN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "GOLDMAN SACHS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "CITI",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BANK OF AMERICA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 0
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal/44472"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal?updatedSince=2022-06-06T16%3A35%3A30Z"
}
}
},
{
"dealId": 44471,
"market": "CF",
"pricedDate": "2022-05-27",
"headline": "Waste Management extends USD3.5bn revolver and raises new term loan",
"message": "US waste processing company Waste Management has extended its USD3.5bn revolver, serving both its US and Canadian operational needs, to May 2027 from November 2024\r\n\r\nThe facility may be upsized by USD1bn via an accordion option and may be prolonged by two one-year extension options. It further contains a USD100m swingline sub-facility.\r\n\r\nIn tandem, the company also raised a two-year USD1bn term loan, which will be used to finance general corporate purposes, including acquisitions and debt refinancing.\r\n\r\nUnder the RCF, Waste Management of Canada Corporation and WM Quebec, each a wholly-owned subsidiary of the company, are co-borrowers in Canadian dollars up to the US dollar equivalent of USD375m, with borrowings to be repaid in CAD.\r\n\r\nThe RCF pays a margin (over SOFR/CDOR, plus a 10bp adjustment spread under SOFR)/facility fee tied to the company’s Moody’s/S&P senior debt public rating as follows:\r\n\r\n- A1/A+ or above = 58.5bp/4bp;\r\n- A2/A = 69.5bp/5.5bp;\r\n- A3/A- = 80.5bp/7bp;\r\n- Baa1/BBB+ = 92bp/8bp; and\r\n- Baa2/BBB = 102.5bp/10bp.\r\n\r\nMeanwhile, the term loan pays a margin (over SOFR) which is also based on the company’s Moody’s/S&P senior public debt rating:\r\n\r\n- A1/A+ or above = 50bp;\r\n- A2/A = 60bp;\r\n- A3/A- = 70bp;\r\n- Baa1/BBB+ = 80bp; and\r\n- Baa2/BBB = 90bp.\r\n\r\nBased on Waste management’s current split debt rating of Baa1/A-, the term loan pays an initial margin of 70bp, whilst the revolver pays a margin of 80.5bp and a facility fee of 7bp.\r\n\r\nIn addition, the credit agreement contains a certain financial covenant which requires Waste Management to maintain a maximum total debt to EBITDA of 3.75x for the preceding four fiscal quarters. However, if an acquisition is made by the company in excess of USD200m during the first fiscal quarter, the leverage ratio may be increased to 4.25x during such fiscal quarter and for the following three quarters.\r\n\r\nThe agreement also includes an ESG provision that allows the borrower to align the facility with sustainability-linked KPIs after the effective date.\r\n\r\nUpon the ESG targets implementation, the margin/commitment fee may increase/decrease by 4bp/1bp, based on the company's performance against such KPIs.\r\n\r\nBank of America (Administrative Agent), Barclays, JP Morgan and Scotia served as Joint Bookrunners and JLAs on both tranches and were joined by Mizuho as Syndication Agent on the term loan and Bookrunner on the RCF.\r\n\r\nBank of China, BNP Paribas, Credit Suisse, Deutsche, Goldman Sachs, MUFG, PNC, RBC, SMBC, Truist, US Bank and Wells Fargo, acted as Co-Documentation Agents.\r\n\r\nFirst Independence, First Westroads Bank, Texas National Bank and Unity National Bank joined as lenders on the term loan.\r\n\r\nThe original RCF, which dates back to July 2013, was last amended in November 2019, and paid a margin of 79.5bp (over LIBOR), with a facility fee of 8bp.\r\n\r\nAt closing, there were no outstanding borrowings under the revolver, and following closing, the company has USD1bn of borrowings under the term loan.\r\n\r\nNew York-listed Waste Management is one of the largest solid waste collection and processing companies in North America, serving over 20 million residential, corporate and municipal customers in the US, Canada, and Puerto Rico.",
"borrower": {
"name": "WASTE MANAGEMENT",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Utilities & Power",
"subsector": "Water / Sewage / Waste",
"leveragedMultiple": "0",
"ratings": {
"moodys": "Baa1",
"standardAndPoors": "A-",
"fitch": "BBB+"
},
"grade": "INVESTMENT",
"sponsors": {
"sponsorBacked": false
}
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 4500,
"currency": "USD"
}
],
"converted": {
"usd": 4500
}
},
"tranches": [
{
"id": 301595,
"name": "A",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "USD",
"nominal": {
"amount": 1000,
"converted": {
"usd": 1000
}
},
"fxRate": {
"usd": 1
},
"maturity": "2024-5",
"margin": "70",
"pricingDate": "2022-05-27",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "UNITY NATIONAL BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "TEXAS NATIONAL BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "FIRST WESTROADS",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "FIRST INDEPENDENCE BANK",
"type": {
"mla": false,
"bookrunner": false,
"participant": true
}
},
{
"name": "WELLS FARGO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "US BANK",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "TRUIST",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SMBC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "RBC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "PNC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "MUFG - BTMU",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "MIZUHO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "GOLDMAN SACHS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "DEUTSCHE",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "CREDIT SUISSE",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "BNP PARIBAS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "BANK OF CHINA",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SCOTIA - BANK OF NOVA SCOTIA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "JP MORGAN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BARCLAYS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BANK OF AMERICA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 1
},
{
"id": 301596,
"name": "B",
"status": "SIGNED",
"type": "RCF",
"shortType": "RCF",
"currency": "USD",
"nominal": {
"amount": 3500,
"converted": {
"usd": 3500
}
},
"fxRate": {
"usd": 1
},
"maturity": "2027-5",
"extensionOptions": "+1+1",
"by": "BORROWER",
"margin": "80.5",
"pricingDate": "2022-05-27",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [
{
"name": "WELLS FARGO",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "US BANK",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "TRUIST",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SMBC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "RBC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "PNC",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "MUFG - BTMU",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "MIZUHO",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "GOLDMAN SACHS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "DEUTSCHE",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "CREDIT SUISSE",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "BNP PARIBAS",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "BANK OF CHINA",
"type": {
"mla": true,
"bookrunner": false,
"participant": false
}
},
{
"name": "SCOTIA - BANK OF NOVA SCOTIA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "JP MORGAN",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BARCLAYS",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
},
{
"name": "BANK OF AMERICA",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 4
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal/44471"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal?updatedSince=2022-06-06T16%3A13%3A33Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/cf/priced-deal?seeker=2022-05-31T16%3A16%3A57Z_44141"
}
}
}LL market
GET https://api.bondradar.com/v3/loan/ll/priced-deal
Authorization: Bearer {access-token}{
"_embedded": {
"pricedDeals": [
{
"dealId": 39558,
"market": "LL",
"pricedDate": "2020-09-22",
"headline": "Technicolor completes financial restructuring",
"message": "Paris-listed media technology group Technicolor has finalised its financial restructuring which includes c.EUR420m in new financing (net of EUR37m expenses) and a EUR660m debt-for-equity swap.\r\n\r\nThe new financing (rated Caa1/CCC) includes a USD119.8m senior secured term loan, due in June 2024, issued via its US subsidiary Technicolor USA and a EUR349m secured note raised by its wholly-owned subsidiary Tech 6.\r\n\r\nAn initial EUR240m portion of the new financing was provided in mid-July and was partially used to repay a short-term USD110m term loan with JP Morgan due on 31 July 2020. The remaining EUR180m was provided at the end of August, following court approval.\r\n\r\nIn tandem, creditors swapped EUR660m of Technicolor’s existing EUR1.232bn first-lien debt, comprising EUR725m and USD290m term loan B tranches, and its EUR250m RCF for equity, whilst also reinstating and extending a EUR572m portion of the facilities to December 2024.\r\n\r\nThe reinstated EUR572m TLB/RCF will rank second in priority to the EUR420m financing.\r\n\r\nThe borrower's USD125m ABL facility with Wells Fargo was also extended to December 2023 as part of the restructuring.\r\n\r\nOn completion, Technicolor's gross debt will decrease from EUR1.444bn to EUR1.14bn, with creditors owning c.46.6% of Technicolor shares.\r\n\r\nTechnicolor restructured its debt after failing to launch a planned EUR300m rights issue during the ongoing Covid-19 pandemic.\r\n\r\nRated Caa3/CC (Moody's/S&P), Technicolor specialises in advanced video services for content creators and distributors.",
"borrower": {
"name": "TECHNICOLOR",
"region": "Western Europe",
"country": "FRANCE",
"type": "Non-Financial",
"sector": "Media & Telecoms",
"subsector": "Media (advertising, general production, films, radio, music industry etc)",
"leveragedMultiple": "0",
"ratings": {
"moodys": "Caa3",
"standardAndPoors": "CC",
"fitch": "NR"
},
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": false
},
"ticker": "TCHFP"
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 572,
"currency": "EUR"
},
{
"amount": 119.8,
"currency": "USD"
}
],
"converted": {
"usd": 791.2136
}
},
"tranches": [
{
"id": 292859,
"name": "A",
"status": "SIGNED",
"type": "Term Loan",
"shortType": "TL",
"currency": "USD",
"nominal": {
"amount": 119.8,
"converted": {
"usd": 119.8
}
},
"fxRate": {
"usd": 1
},
"maturity": "2024-6",
"margin": "275",
"pricingDate": "2020-09-22",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "Caa1",
"standardAndPoors": "CCC",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "SUBINVESTMENT",
"banks": [],
"tenor": 3
},
{
"id": 292860,
"name": "B",
"status": "SIGNED",
"type": "Term Loan B/RCF",
"shortType": "TLB",
"currency": "EUR",
"nominal": {
"amount": 572,
"converted": {
"usd": 671.4136
}
},
"fxRate": {
"usd": 1.1738
},
"maturity": "2024-12",
"margin": "300",
"pricingDate": "2020-09-22",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "NR",
"standardAndPoors": "NR",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "UNRATED",
"banks": [],
"tenor": 4
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal/39558"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal?updatedSince=2022-06-06T15%3A54%3A21Z"
}
}
},
{
"dealId": 44465,
"market": "LL",
"pricedDate": "2022-06-06",
"headline": "Aptean USD122m add-on TLB Apr26: Priced at L+425bp 0% ",
"message": "Privately-owned US enterprise resource planning (ERP) software company Aptean (rated B3/B- by M/S) has priced its USD122m fungible add-on TLB (rated B2/B), due in April 2026. UOP: to finance recent and upcoming acquisitions. Priced at: L+425bp, 0% floor. Bookrunner: Golub (Left Lead). The TLB is fungible with the borrower's outstanding USDD1.048bn TLB, due in April 2026. PF tranche size of c.USD1.17bn. Aptean is owned by private equity firms TA Associates, Charlesbank and Vista Equity.\r\n ",
"borrower": {
"name": "APTEAN",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Technology",
"subsector": "IT (eg online co's / ISPs / software cos / cloud computing)",
"leveragedMultiple": "0",
"ratings": {
"moodys": "B3",
"standardAndPoors": "B",
"fitch": "NR"
},
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "CHARLESBANK CAPITAL"
},
{
"name": "TA ASSOCIATES"
},
{
"name": "VISTA EQUITY"
}
]
},
"ticker": "APTHOL"
},
"useOfProceeds": {
"mergersAndAcquisitions": false,
"prePostIpo": false,
"refi": true,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 122,
"currency": "USD"
}
],
"converted": {
"usd": 122
}
},
"tranches": [
{
"id": 301585,
"name": "A",
"status": "INCREASED",
"type": "Add-on Term Loan B",
"shortType": "TLB",
"currency": "USD",
"nominal": {
"amount": 122,
"converted": {
"usd": 122
}
},
"fxRate": {
"usd": 1
},
"maturity": "2026-4",
"margin": "425",
"pricingDate": "2022-06-06",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "B2",
"standardAndPoors": "B",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "SUBINVESTMENT",
"banks": [
{
"name": "GOLUB CAPITAL",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 3
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal/44465"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal?updatedSince=2022-06-06T13%3A05%3A30Z"
}
}
},
{
"dealId": 44467,
"market": "LL",
"pricedDate": "2021-08-04",
"headline": "Aptean secures USD125m add-on TLB ",
"message": "Privately-owned US enterprise resource planning (ERP) software company Aptean has raised a USD125m fungible TLB (rated B3/B- by M/S), due in April 2026.\r\nUOP: fund several tuck-in acquisitions of small enterprise resource planning (ERP) software providers servicing European and US markets.\r\nBookrunner: Golub (Left Lead).\r\nThe TLB is incremental to the borrower’s existing USD100m TLB from February 2021, paying L+425bp, 0% floor.\r\nRated B3/B-, Aptean sells software for businesses operating in the financial, retail, government, real estate, healthcare and manufacturing sectors. It is owned by private equity firms TA Associates, Charlesbank and Vista Equity.\r\n ",
"borrower": {
"name": "APTEAN",
"region": "North America",
"country": "USA",
"type": "Non-Financial",
"sector": "Technology",
"subsector": "IT (eg online co's / ISPs / software cos / cloud computing)",
"leveragedMultiple": "0",
"ratings": {
"moodys": "B3",
"standardAndPoors": "B-",
"fitch": "NR"
},
"grade": "SUBINVESTMENT",
"sponsors": {
"sponsorBacked": true,
"sponsors": [
{
"name": "CHARLESBANK CAPITAL"
},
{
"name": "TA ASSOCIATES"
},
{
"name": "VISTA EQUITY"
}
]
},
"ticker": "APTHOL"
},
"useOfProceeds": {
"mergersAndAcquisitions": true,
"prePostIpo": false,
"refi": false,
"gcp": false,
"other": false,
"lbo": false,
"sbo": false,
"dividendRecap": false
},
"dealTotal": {
"currencies": [
{
"amount": 125,
"currency": "USD"
}
],
"converted": {
"usd": 125
}
},
"tranches": [
{
"id": 301587,
"name": "A",
"status": "INCREASED",
"type": "Add-on Term Loan B",
"shortType": "TLB",
"currency": "USD",
"nominal": {
"amount": 125,
"converted": {
"usd": 125
}
},
"fxRate": {
"usd": 1
},
"maturity": "2026-4",
"margin": "425",
"pricingDate": "2022-06-06",
"pik": {
"status": "false",
"value": 0
},
"allIn": false,
"fixedRate": false,
"rating": {
"moodys": "B3",
"standardAndPoors": "B-",
"fitch": "NR"
},
"covenantLight": false,
"greenLoan": false,
"sustainabilityLinked": false,
"club": false,
"grade": "SUBINVESTMENT",
"banks": [
{
"name": "GOLUB CAPITAL",
"type": {
"mla": false,
"bookrunner": true,
"participant": false
}
}
],
"tenor": 3
}
],
"_links": {
"self": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal/44467"
},
"updatedSince": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal?updatedSince=2022-06-06T13%3A02%3A36Z"
}
}
}
]
},
"_links": {
"first": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal"
},
"next": {
"href": "https://api.bondradar.com/v3/loan/ll/priced-deal?seeker=2022-05-31T16%3A16%3A57Z_42955"
}
}
}Glossary
Bond
News and data for the Global Primary Bond Markets. Content encompasses investment grade, high yield and emerging markets bond new issues.
Deal execution cycle is covered from the official road show through mandate, price discovery, book building and, finally launch and pricing.
Bond expected deals list
_links
Type |
|
|---|
URI link to 'expected deal'.
borrower
Type |
|
|---|
Issuer of bond.
changed
Type |
|
|---|
Latest update date.
coveredBonds
Type |
|
|---|
The deal is covered by other assets (e.g. pool of mortgages) (for IG regions only).
created
Type |
|
|---|
Deal creation date.
headline
Type |
|
|---|
Deal headline.
id
Type |
|
|---|
Unique deal ID number.
market
Type |
|
|---|
EM – Emerging Market (CEEMA, LATAM, Asia (ex Japan)).
IG – Investment Grade Market (Western Europe, North America, Japan and Australasia).
figiCode (Tranche[tranche])
Type |
|
|---|
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
message
Type |
|
|---|
Full deal announcement.
regions
Type |
|
|---|
Bond region.
name (Tranche[1])
Type |
|
|---|
Name of each tranche. For multi-tranche deal, this will be labelled as A,B,C,D etc.
Bond priced deals list
_links
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
URI links for 'priced deal'.
additionalInfo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Add. Info |
Box where any additional info is entered
Guaranteed - A guaranteed bond is a bond whose interest and principal payments are guaranteed by a third party.
Keepwell - A keepwell agreement is a contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.
Sukuk - Islamic bonds, structured in such a way as to generate returns to investors without infringing Islamic law (that prohibits riba or interest).
banks
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bookrunners |
Dropdown selection of all bookrunners involved in deal.
bloombergCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bloomberg Code |
Bloomberg DES page code.
isinCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
ISIN Code |
A 12-character, alphanumeric code which uniquely identifies a financial instrument and provides for the uniform identification of securities at trading and settlement.
figiCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
borrower
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Country |
Issuer of bond.
coc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
COC |
Change of control. It is mainly put into effect when the owner of a borrower is changed, thus changing the potential guarantor of the bond. A provision in an agreement giving a party certain rights (such as consent, payment or termination) in connection with a change in ownership or management of the other party to the agreement. Not all change of control provisions are triggered by the same action. For example, a change of control may be triggered by a sale of more than 50% of a party’s stock, a sale of substantially all the assets of a party or a change in most of the board members of a party.
covered
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Covered |
The deal is covered by other assets (e.g. pool of mortgages).
cpn
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Coupon |
Coupon.
cpnType
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Coupon Type |
Coupon Type – Fixed or Floating.
cuc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
CUC |
Clean up call is a provision that enables an issuer to redeem that part of a deal that remains after a tender offer or other operation that reduces the original outstanding amount.
currency
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Currency |
Currency denomination of deal.
dealHistory
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Deal evolution updates
dealId
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Deal ID |
Bond Radar unique ID.
dealType
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Tap: Increase |
Original deal or an increase/tap.
exchange
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Exchange |
exchange - Where a security has been issued in exchange for an existing security being redeemed by the issuer.
converted - The equivalent exchange amount in US dollars.
firstCallDate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
First Call Date |
The call date is the date on which a bond can be redeemed before maturity.
fpr
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Re-Offer |
Fixed Price Reoffer, this is the price at which the lead managers sell the deal to investors.
fxRate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
FX rate |
Currency denomination FX rate vs US dollar.
gov
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Gov’t - Spread at pricing to Government bond benchmark (for EM region only).
grade
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Rating of the bond.
green
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Green |
Capital raising and investment for new and existing projects with environmental benefits.
holdCo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
HoldCo |
An abbreviation for holding company, which is an issuer that exercises control over one or more other companies. See opCo.
leagueTableEligible
Type |
|
|---|---|
Bond Radar Data Wizard Field |
LT eligible |
The deal is league table eligible.
market
Type |
|
|---|---|
Bond Radar Data Wizard Field |
EM – Emerging Market (CEEMA, LATAM, Asia (ex Japan)).
IG – Investment Grade Market (Western Europe, North America, Japan and Australasia).
maturity
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Maturity |
Maturity date of deal.
message
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Final pricing details.
mwc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
MWC |
A make-whole call is a type of call provision in a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment to the holder derived from an earlier agreed upon formula based on the net present value (NPV) of future coupon payments not paid because of the call.
nominal
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Volume (m), USD equivalent |
amount - Size of deal.
converted - The equivalent nominal amount in US dollars. (formula: Volume*re-offer/100*FX Rate)
nominalWithExchange
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
amount - Total of nominal and exchange.
converted - The equivalent nominal and exchange amount in US dollars.
nominalWithRetained
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
amount - Total of nominal and retained.
converted - The equivalent nominal and retained amount in US dollars.
nonBullet
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
The deal has a call date e.g. an option for the issuer to redeem the bonds prior to their final maturity. In the textbox we write the format of the deal, if it was a 7-year deal with a call at 3 years we would write '7NC3'.
only144a
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal is sold in the US for US investors.
onlyRegS
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal is sold outside of the US for international investors.
opCo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
OpCo |
An abbreviation for operating company, which is an issuer that is the primary corporation carrying on active business and, in most cases, 100% owned by the holding company’. See holdCo.
perpetual
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Maturity |
A bond based on a fixed income security with no maturity date.
pref
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
A preferred stock is a class of stock that is granted certain rights that differ from common stock. Namely, preferred stock often possess higher dividend payments, and a higher claim to assets in the event of liquidation. In addition, preferred stock have a callable feature, which means that the issuer has the right to redeem the shares at a predetermined price and date as indicated in the prospectus. In many ways, preferred stock shares similar characteristics to bonds, and because of this are sometimes referred to as hybrid securities.
(for IG region only)
premium
Type |
|
|---|---|
Bond Radar Data Wizard Field |
NIP (New issue premium) (Early Trading, Gov’t, Swap and Yield not included on the Data Wizard output) |
Early Trading - Early trading level of deal.
NIP - New issue premium, the premium at which the deal priced relative to the issuers curve.
(for EM region only)
priceEvolution
Type |
|
|---|---|
Bond Radar Data Wizard Field |
IPTs (Initial price thoughts)/IPG (Initial price guidance) |
History of the deal spread/yield from IPTs, Guidance and Final terms.
pricingDate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Date |
Date of pricing.
pricingTime
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Time of pricing.
ranking
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Ranking |
IG – Investment Grade.
HY – High Yield Grade.
Crossover – Refers to issuers that have split IG/HY ratings.
NR – Not Rated.
rating
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bond ratings |
Bond ratings.
regSAnd144a
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal sold globally, with 144a provision for US investors and RegS for international.
retained
Type |
|
|---|---|
Bond Radar Data Wizard Field |
amount - A security is issued but not wholly distributed on the primary settlement date.
converted - The equivalent retained amount in US dollars.
secondary
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Trading level at secondary market.
secRegistered
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal registered with Securities and Exchange Commission (SEC).
section3a2
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Section 3(a)(2) of the Securities Act of 1933 (the “Securities Act”) exempts from registration under the Securities Act any security issued or guaranteed by a bank.
seniorNonPreferred
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Senior Non-Preferred |
A class of debt that is explicitly senior – it sits above Tier 2 but below other senior liabilities in the creditor hierarchy stack.
seniorPreferred
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Senior Preferred |
Financial obligation that is considered more important or has priority over other types of debt.
social
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Social |
An issue where a commitment is made to pay for improved social, climatic or housing objectives from the proceeds of a transaction.
spread
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Spread |
Spread at pricing to mid-swap or other reference rate. (for IG region only)
stats
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Stats |
Deal book stats - Geography (%) and Investor Type (%).
subordinated
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Subordinated |
A lower class of debt that in the event of the default doesn’t get paid out until all the senior debtholders were paid in full.
sustainable
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Sustainable |
Proceeds will be exclusively applied to re-finance a combination of both Green and Social projects.
sustainabilityLinked
Type |
|
|---|---|
Bond Radar Data Wizard Field |
SustainabilityLinked |
Sustainability-Linked Bond Principles indicate Bonds that encourage companies that contribute to sustainability (from an environment and/or social governance perspective).
swap
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Spread |
Spread at pricing to mid-swap or other reference rate. (for EM region only)
tier
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Tier |
Priced deal tier.
Tier 1 (T1) - The primary funding source of the bank. Typically, it holds nearly all of the bank’s accumulated funds. These funds are generated specifically to support banks when losses are absorbed so that regular business functions do not have to be shut down.
Tier 2 (T2) - Tier 2 capital includes hybrid capital instruments, loan-loss and revaluation reserves as well undisclosed reserves. This capital operates as supplementary funding because it is not as reliable as the first tier.
Additional Tier 1 (AT1) - Contingent Convertible capital instruments (Co-Co bonds) which may be permanently or temporarily written down.
Restrictive Tier (RT1) - Instruments are junior subordinated debt securities issued by insurers that can qualify as capital under current European insurance regulation (Solvency II). To qualify as Tier 1 capital, the instruments need to be perpetual with at least a five-year non-call clause, have non-cumulative fully optional coupons and a contractual trigger to principal write-down or equity conversion.
yield
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Yield |
The return (yield to maturity) an investor realises on a bond.
total
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Same definition for nominal, exchange, nominalWithExchange and secondary but this section only applies to a tap of the original deal. (for EM region only)
total
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Same definition for nominal, retained, nominalWithRetained and secondary but this section only applies to a tap of the original deal. (for IG region only)
Leveraged Finance
News and data for the Syndicated Leveraged Loan markets across EMEA and North America regions and High Yield bonds North America/ Western Europe/ Japan/ Australasia.
High Yield bond expected deals list
_links
Type |
|
|---|
URI link to 'expected deal'.
borrower
Type |
|
|---|
Issuer of bond.
changed
Type |
|
|---|
Latest update date.
coveredBonds
Type |
|
|---|
The deal is covered by other assets (e.g. pool of mortgages).
created
Type |
|
|---|
Deal creation date.
headline
Type |
|
|---|
Deal headline.
id
Type |
|
|---|
Unique deal ID number.
market
Type |
|
|---|
HY – Developed Markets (Western Europe, North America, Japan and Australasia).
figiCode (Tranche[1])
Type |
|
|---|
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
message
Type |
|
|---|
Full deal announcement.
regions
Type |
|
|---|
Bond region.
name (Tranche[1])
Type |
|
|---|
Name of each tranche. For multi-tranche deal, this will be labelled as A,B,C,D etc.
High Yield bond priced deals list
_links
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
URI links for 'priced deal'.
additionalInfo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Add. Info |
Box where any additional info is entered
banks
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bookrunners |
Dropdown selection of all bookrunners involved in deal.
bloombergCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bloomberg Code |
Bloomberg DES page code.
isinCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
ISIN Code |
A 12-character, alphanumeric code which uniquely identifies a financial instrument and provides for the uniform identification of securities at trading and settlement.
figiCode
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
borrower
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Country |
Issuer of bond.
coc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
COC |
Change of control. It is mainly put into effect when the owner of a borrower is changed, thus changing the potential guarantor of the bond. A provision in an agreement giving a party certain rights (such as consent, payment or termination) in connection with a change in ownership or management of the other party to the agreement. Not all change of control provisions are triggered by the same action. For example, a change of control may be triggered by a sale of more than 50% of a party’s stock, a sale of substantially all the assets of a party or a change in most of the board members of a party.
covered
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Covered |
The deal is covered by other assets (e.g. pool of mortgages).
cpn
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Coupon |
Coupon.
cpnType
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Coupon Type |
Coupon Type – Fixed or Floating.
cuc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
CUC |
Clean up call is a provision that enables an issuer to redeem that part of a deal that remains after a tender offer or other operation that reduces the original outstanding amount.
currency
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Currency |
Currency denomination of deal.
dealHistory
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Deal evolution updates
dealId
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Deal ID |
Bond Radar unique ID.
dealType
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Tap: Increase |
Original deal or an increase/tap.
firstCallDate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
First Call Date |
The call date is the date on which a bond can be redeemed before maturity.
fpr
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Re-Offer |
Fixed Price Reoffer, this is the price at which the lead managers sell the deal to investors.
fxRate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
FX rate |
Currency denomination FX rate vs US dollar.
grade
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Rating of the bond.
green
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Green |
Capital raising and investment for new and existing projects with environmental benefits.
holdCo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
HoldCo |
An abbreviation for holding company, which is an issuer that exercises control over one or more other companies. See opCo.
leagueTableEligible
Type |
|
|---|---|
Bond Radar Data Wizard Field |
LT eligible |
The deal is league table eligible.
market
Type |
|
|---|---|
Bond Radar Data Wizard Field |
HY Bond Deals – Developed Markets (Western Europe, North America, Japan and Australasia).
maturity
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Maturity |
Maturity date of deal.
message
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Final pricing details
mwc
Type |
|
|---|---|
Bond Radar Data Wizard Field |
MWC |
A make-whole call is a type of call provision in a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment to the holder derived from an earlier agreed upon formula based on the net present value (NPV) of future coupon payments not paid because of the call.
nominal
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Volume (m), USD equivalent |
amount - Size of deal.
converted - The equivalent nominal amount in US dollars. (formula: Volume*re-offer/100*FX Rate)
nominalWithRetained
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
amount - Total of nominal and retained.
converted - The equivalent nominal and retained amount in US dollars.
nonBullet
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
The deal has a call date e.g. an option for the issuer to redeem the bonds prior to their final maturity. In the textbox we write the format of the deal, if it was a 7-year deal with a call at 3 years we would write '7NC3'.
only144a
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal is sold in the US for US investors.
onlyRegS
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal is sold outside of the US for international investors.
opCo
Type |
|
|---|---|
Bond Radar Data Wizard Field |
OpCo |
An abbreviation for operating company, which is an issuer that is the primary corporation carrying on active business and, in most cases, 100% owned by the holding company’. See holdCo.
perpetual
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Maturity |
A bond based on a fixed income security with no maturity date.
pref
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
A preferred stock is a class of stock that is granted certain rights that differ from common stock. Namely, preferred stock often possess higher dividend payments, and a higher claim to assets in the event of liquidation. In addition, preferred stock have a callable feature, which means that the issuer has the right to redeem the shares at a predetermined price and date as indicated in the prospectus. In many ways, preferred stock shares similar characteristics to bonds, and because of this are sometimes referred to as hybrid securities.
priceEvolution
Type |
|
|---|---|
Bond Radar Data Wizard Field |
IPTs (Initial price thoughts)/IPG (Initial price guidance) |
History of the deal spread/yield from IPTs, Guidance and Final terms.
pricingDate
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Date |
Date of pricing.
pricingTime
Type |
|
|---|---|
Bond Radar Data Wizard Field |
N/A |
Time of pricing.
ranking
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Ranking |
HY – High Yield Grade.
Crossover – Refers to issuers that have split IG/HY ratings.
NR – Not Rated.
rating
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Bond ratings |
Bond ratings.
regSAnd144a
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal sold globally, with 144a provision for US investors and RegS for international.
retained
Type |
|
|---|---|
Bond Radar Data Wizard Field |
amount - A security is issued but not wholly distributed on the primary settlement date.
converted - The equivalent retained amount in US dollars.
secondary
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Trading level at secondary market.
secRegistered
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Deal registered with Securities and Exchange Commission (SEC).
section3a2
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Format |
Section 3(a)(2) of the Securities Act of 1933 (the “Securities Act”) exempts from registration under the Securities Act any security issued or guaranteed by a bank.
seniorNonPreferred
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Senior Non-Preferred |
A class of debt that is explicitly senior – it sits above Tier 2 but below other senior liabilities in the creditor hierarchy stack.
seniorPreferred
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Senior Preferred |
Financial obligation that is considered more important or has priority over other types of debt.
social
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Social |
An issue where a commitment is made to pay for improved social, climatic or housing objectives from the proceeds of a transaction.
spread
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Spread |
Spread to relevant benchmark (e.g. Mid Swaps, US Treasuries, Gilts etc).
stats
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Stats |
Deal book stats - Geography (%) and Investor Type (%).
subordinated
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Subordinated |
A lower class of debt that in the event of the default doesn’t get paid out until all the senior debtholders were paid in full.
sustainable
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Sustainable |
Proceeds will be exclusively applied to re-finance a combination of both Green and Social projects.
sustainabilityLinked
Type |
|
|---|---|
Bond Radar Data Wizard Field |
SustainabilityLinked |
Sustainability-Linked Bond Principles indicate Bonds that encourage companies that contribute to sustainability (from an environment and/or social governance perspective).
tier
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Tier |
Priced deal tier.
Tier 1 (T1) - The primary funding source of the bank. Typically, it holds nearly all of the bank’s accumulated funds. These funds are generated specifically to support banks when losses are absorbed so that regular business functions do not have to be shut down.
Tier 2 (T2) - Tier 2 capital includes hybrid capital instruments, loan-loss and revaluation reserves as well undisclosed reserves. This capital operates as supplementary funding because it is not as reliable as the first tier.
Additional Tier 1 (AT1) - Contingent Convertible capital instruments (Co-Co bonds) which may be permanently or temporarily written down.
Restrictive Tier (RT1) - Instruments are junior subordinated debt securities issued by insurers that can qualify as capital under current European insurance regulation (Solvency II). To qualify as Tier 1 capital, the instruments need to be perpetual with at least a five-year non-call clause, have non-cumulative fully optional coupons and a contractual trigger to principal write-down or equity conversion.
yield
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Yield |
The return (yield to maturity) an investor realises on a bond.
total
Type |
|
|---|---|
Bond Radar Data Wizard Field |
Same definition for nominal, retained, nominalWithRetained and secondary but this section only applies to a tap of the original deal.
Leveraged Loan expected deals list
_links
Type |
|
|---|---|
HY Bond Field Equivalent |
_links |
URI links for 'expected deal'.
borrower
Type |
|
|---|---|
HY Bond Field Equivalent |
country |
Borrower of loan.
changed
Type |
|
|---|---|
HY Bond Field Equivalent |
changed |
Latest update date.
changed (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
changed (Tranche) |
Latest update date.
created
Type |
|
|---|---|
HY Bond Field Equivalent |
created |
Deal creation date.
currency (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
currency (Tranche) |
Currency denomination of deal.
dealId
Type |
|
|---|---|
HY Bond Field Equivalent |
id |
Unique deal ID number.
headline
Type |
|
|---|---|
HY Bond Field Equivalent |
headline |
Deal headline.
market
Type |
|
|---|---|
HY Bond Field Equivalent |
market |
Leveraged Loans (LL) – Transactions provided to highly leveraged companies, i.e., with a high amount of existing debt and a credit rating below investment grade. Proceeds can be for LBOs, SBOs, capex, M&A, recapitalisations or refinancing of existing debt. Highly leveraged companies usually involve a sponsor.
message
Type |
|
|---|---|
HY Bond Field Equivalent |
message |
Full deal story.
figiCode (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
name (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
name (Tranche) |
Name of each tranche. For multi-tranche deals, this will be labelled as A,B,C,D etc.
nominal (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
Size of deal.
oid (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
stage
Type |
|
|---|---|
HY Bond Field Equivalent |
Loan stage.
type (Tranche[1])
Type |
|
|---|---|
HY Bond Field Equivalent |
TL (Term Loan)
Upfront loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.
Once drawn down, it cannot be reborrowed, like a revolver once repaid.
TLA (Term Loan A)
Amortising term loan, i.e., the principal amount is gradually paid off.
These loans are normally syndicated to banks along with revolving credits facilities (RCFs) as part of a larger syndicated loan package.
They are not leveraged loans.
TLB,TLC,TLD (Term Loan B,C,D)
Term loans carved out for non-bank institutional investors, such as pension funds, hedge funds, and insurance companies.
These fall into the leveraged loan category.
They are typically bullet/balloon repayments at maturity, i.e., a single repayment of the principal amount on the due date.
2LTL
Subordinated to the term loans A/B/C/D and RCFs.
Lenders hold a second priority security interest on the assets of the borrower.
Arrangers tap institutional investors to finance second-lien loans.
DDTL (delayed-draw term loan A/B/C/D)
Feature in a term loan that lets a borrower withdraw pre-defined and pre-approved loan amounts within a certain time frame (availability).
The withdrawal and availability periods, which are determined in advance, can be three, six, or nine months.
RCF
A bank facility or credit line that allows a borrower to draw down the line, repay and reborrow.
Under RCFs, there can be sub-limits such as letter of credit facilities (L/Cs) or Swingline facilities.
These are types of ancillary facilities.
DD2L (delayed-draw second-lien loan)
See above for DDTL
Guarantee facility (GTF)
Like L/Cs both are promises from a lender that a borrower will be able to repay a debt to another party regardless of the borrower’s financial circumstances.
L/Cs are typically used in international trade, while bank guarantees are used in projects.
Capex facility (CPX)
A loan or a credit line that must be used for capital expenditure (i.e., investment in physical assets such as land, buildings and equipment).
Add-ons
Allows a borrower to increase the size of an existing loan/RCF/Capex line at the same terms, i.e., pricing, tenor, covenants etc.
useOfProceeds
Type |
|
|---|---|
HY Bond Field Equivalent |
dividendRecap: A company makes a payment to its shareholders by issuing debt
lbo: The acquisition of a company by a private equity firm or an investment management company using a significant amount of borrowed money
mergersAndAcquisitions: Acquiring and combining companies
prePostIpo: Financing raised before or after completing an initial public offering (IPO)
refi: Refinancing of existing debt, through an amendment or extension or by repricing of the margin
gcp: General Corporate Purposes
sbo: A transaction involving the sale of a sponsor-backed company to another sponsor
Leveraged Loan priced deals list
_links
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
_links |
URI links for 'priced deal'.
allIn (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
banks (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
banks |
Lenders on the deal.
bloombergCode
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
bloombergCode |
Bloomberg DES page code.
borrower
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Country |
HY Bond Field Equivalent |
country |
Borrower of loan.
club (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Club |
HY Bond Field Equivalent |
Type of syndication that is pre-marketed to existing relationship banks.
covenantLight (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
CovenantLight |
HY Bond Field Equivalent |
No or fewer financial covenants to protect the lender and fewer restrictions on the borrower regarding payment terms, income requirements and collateral.
currency (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Currency |
HY Bond Field Equivalent |
currency |
Currency denomination of deal.
dealId
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Deal ID |
HY Bond Field Equivalent |
dealId |
Unique ID for deal.
extensionOption (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Not included |
HY Bond Field Equivalent |
The option to extend the maturity of the loan. Triggered by either the lender or the borrower.
fixedRate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
fxRate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
FX rate |
HY Bond Field Equivalent |
fxRate |
Currency denomination vs US dollar.
grade (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Rating of the loan.
greenloan (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Green/Sustainable |
HY Bond Field Equivalent |
green |
Loans signed in accordance with the Green Loan Principles of the Loan Market Association (LMA) or equivalent bodies in various regions.
headline
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Deal headline.
id (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Unique ID for tranche.
margin (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Margin |
HY Bond Field Equivalent |
cost of the loan/funds paid above a benchmark rate, such as SONIA or SOFR.
market
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Loan Market Type |
HY Bond Field Equivalent |
market |
Leveraged Loans (LL) – Transactions provided to highly leveraged companies, i.e., with a high amount of existing debt and a credit rating below investment grade. Proceeds can be for LBOs, SBOs, capex, M&A, recapitalisations or refinancing of existing debt. Highly leveraged companies usually involve a sponsor.
maturity (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Maturity Date |
HY Bond Field Equivalent |
maturity |
Date at which final payment is due (YYYY-MM).
message
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
message |
Full deal story.
figiCode (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
nominal (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
amount - Volume (m) = converted - USD equivalent |
HY Bond Field Equivalent |
nominal |
amount: Size of deal.
converted: The equivalent nominal amount in US dollars.
formula: Volume/100*FX Rate.
oid (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Discount in price from the loans face value at the time of issuance.
pik (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Payment-in-kind.
pricingDate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Priced/Signed date |
HY Bond Field Equivalent |
Date when particular tranche was priced.
pricedDate
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Priced/Signed date |
HY Bond Field Equivalent |
pricingDate |
Date when whole deal was priced.
rating (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
rating |
Tranche ratings.
shortType (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Shortened version of the tranche type.
sponsors
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Majority owned or controlled by a private equity firm or investment management company.
sustainabilityLinked (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Green/Sustainable |
HY Bond Field Equivalent |
Loan signed in accordance with the Sustainability Linked Loan Principles of the LMA or equivalent bodies in various regions.
tenor (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
Refers to the time till maturity (due date) of the entire loan.
type (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Tranche Type |
HY Bond Field Equivalent |
TL (Term Loan)
Upfront loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.
Once drawn down, it cannot be reborrowed, like a revolver once repaid.
TLA (Term Loan A)
Amortising term loan, i.e., the principal amount is gradually paid off.
These loans are normally syndicated to banks along with revolving credits facilities (RCFs) as part of a larger syndicated loan package.
They are not leveraged loans.
TLB,TLC,TLD (Term Loan B,C,D)
Term loans carved out for non-bank institutional investors, such as pension funds, hedge funds, and insurance companies.
These fall into the leveraged loan category.
They are typically bullet/balloon repayments at maturity, i.e., a single repayment of the principal amount on the due date.
2LTL
Subordinated to the term loans A/B/C/D and RCFs.
Lenders hold a second priority security interest on the assets of the borrower.
Arrangers tap institutional investors to finance second-lien loans.
DDTL (delayed-draw term loan A/B/C/D)
Feature in a term loan that lets a borrower withdraw pre-defined and pre-approved loan amounts within a certain time frame (availability).
The withdrawal and availability periods, which are determined in advance, can be three, six, or nine months.
RCF
A bank facility or credit line that allows a borrower to draw down the line, repay and reborrow.
Under RCFs, there can be sub-limits such as letter of credit facilities (L/Cs) or Swingline facilities.
These are types of ancillary facilities.
DD2L (delayed-draw second-lien loan)
See above for DDTL
Guarantee facility (GTF)
Like L/Cs both are promises from a lender that a borrower will be able to repay a debt to another party regardless of the borrower’s financial circumstances.
L/Cs are typically used in international trade, while bank guarantees are used in projects.
Capex facility (CPX)
A loan or a credit line that must be used for capital expenditure (i.e., investment in physical assets such as land, buildings and equipment).
Add-ons
Allows a borrower to increase the size of an existing loan/RCF/Capex line at the same terms, i.e., pricing, tenor, covenants etc.
useOfProceeds
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
HY Bond Field Equivalent |
dividendRecap: A company makes a payment to its shareholders by issuing debt
lbo: The acquisition of a company by a private equity firm or an investment management company using a significant amount of borrowed money
mergersAndAcquisitions: Acquiring and combining companies
prePostIpo: Financing raised before or after completing an initial public offering (IPO)
refi: Refinancing of existing debt, through an amendment or extension or by repricing of the margin
gcp: General Corporate Purposes
sbo: A transaction involving the sale of a sponsor-backed company to another sponsor
Loan
News and data for the Syndicated Loan markets. Content encompasses Leveraged Loans, Asset Finance, Corporate & Financial Institutions.
Loan expected deals list
_links
Type |
|
|---|
URI links for 'expected deal'.
borrower
Type |
|
|---|
Borrower of loan.
changed
Type |
|
|---|
Latest update date.
created
Type |
|
|---|
Deal creation date.
dealId
Type |
|
|---|
Unique deal ID number.
headline
Type |
|
|---|
Deal headline.
market
Type |
|
|---|
Asset Finance (AF) - Loans secured by an asset, such as aircraft, shipping, property or lending backed by cash flow from the financed asset or project.
Corporate and Finance Institutions (CF) - Loans given to companies and other such entities, which are usually investment-grade rated, to fund general corporate purposes, working capital requirements, capex, and expansion (including smaller acquisitions).
Leveraged Loans (LL) – Transactions provided to highly leveraged companies, i.e., with a high amount of existing debt and a credit rating below investment grade. Proceeds can be for LBOs, SBOs, capex, M&A, recapitalisations or refinancing of existing debt. Highly leveraged companies usually involve a sponsor.
margin (Tranche[1])
Type |
|
|---|
message
Type |
|
|---|
Full deal story.
figiCode (Tranche[1])
Type |
|
|---|
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
name (Tranche[1])
Type |
|
|---|
Name of each tranche. For multi-tranche deals, this will be labelled as A,B,C,D etc.
oid (Tranche[1])
Type |
|
|---|
shortType (Tranche[1])
Type |
|
|---|
stage
Type |
|
|---|
Loan stage.
type (Tranche[1])
Type |
|
|---|
TL (Term Loan)
Upfront loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.
Once drawn down, it cannot be reborrowed, like a revolver once repaid.
TLA (Term Loan A)
Amortising term loan, i.e., the principal amount is gradually paid off.
These loans are normally syndicated to banks along with revolving credits facilities (RCFs) as part of a larger syndicated loan package.
They are not leveraged loans.
TLB,TLC,TLD (Term Loan B,C,D)
Term loans carved out for non-bank institutional investors, such as pension funds, hedge funds, and insurance companies.
These fall into the leveraged loan category.
They are typically bullet/balloon repayments at maturity, i.e., a single repayment of the principal amount on the due date.
2LTL
Subordinated to the term loans A/B/C/D and RCFs.
Lenders hold a second priority security interest on the assets of the borrower.
Arrangers tap institutional investors to finance second-lien loans.
DDTL (delayed-draw term loan A/B/C/D)
Feature in a term loan that lets a borrower withdraw pre-defined and pre-approved loan amounts within a certain time frame (availability).
The withdrawal and availability periods, which are determined in advance, can be three, six, or nine months.
RCF
A bank facility or credit line that allows a borrower to draw down the line, repay and reborrow.
Under RCFs, there can be sub-limits such as letter of credit facilities (L/Cs) or Swingline facilities.
These are types of ancillary facilities.
DD2L (delayed-draw second-lien loan)
See above for DDTL
Guarantee facility (GTF)
Like L/Cs both are promises from a lender that a borrower will be able to repay a debt to another party regardless of the borrower’s financial circumstances.
L/Cs are typically used in international trade, while bank guarantees are used in projects.
Capex facility (CPX)
A loan or a credit line that must be used for capital expenditure (i.e., investment in physical assets such as land, buildings and equipment).
Add-ons
Allows a borrower to increase the size of an existing loan/RCF/Capex line at the same terms, i.e., pricing, tenor, covenants etc.
useOfProceeds
Type |
|
|---|
dividendRecap: A company makes a payment to its shareholders by issuing debt
lbo: The acquisition of a company by a private equity firm or an investment management company using a significant amount of borrowed money
mergersAndAcquisitions: Acquiring and combining companies
prePostIpo: Financing raised before or after completing an initial public offering (IPO)
refi: Refinancing of existing debt, through an amendment or extension or by repricing of the margin
gcp: General Corporate Purposes
sbo: A transaction involving the sale of a sponsor-backed company to another sponsor
Loan priced deals list
For AF and CF markets the labels pricedDate for loan deals refer to the loan deal 'Signed' date and pricingDate for loan tranches refer to the loan tranche 'Signed' date
|
_links
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
URI links for 'priced deal'.
allIn (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
banks (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Lenders on the deal.
bloombergCode
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Bloomberg DES page code.
borrower
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Country |
Borrower of loan.
club (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Club |
Type of syndication that is pre-marketed to existing relationship banks.
covenantLight (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
CovenantLight |
No or fewer financial covenants to protect the lender and fewer restrictions on the borrower regarding payment terms, income requirements and collateral.
currency (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Currency |
Currency denomination of deal.
dealId
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Deal ID |
Unique ID for deal.
extensionOption (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Not included |
The option to extend the maturity of the loan. Triggered by either the lender or the borrower.
fixedRate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
fxRate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
FX rate |
Currency denomination vs US dollar.
grade (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Rating of the loan.
greenloan (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Green/Sustainable |
Loans signed in accordance with the Green Loan Principles of the Loan Market Association (LMA) or equivalent bodies in various regions.
headline
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Deal headline.
margin (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Margin |
cost of the loan/funds paid above a benchmark rate, such as SONIA or SOFR.
market
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Loan Market Type |
Asset Finance (AF) - Loans secured by an asset, such as aircraft, shipping, property or lending backed by cash flow from the financed asset or project.
Corporate and Finance Institutions (CF) - Loans given to companies and other such entities, which are usually investment-grade rated, to fund general corporate purposes, working capital requirements, capex, and expansion (including smaller acquisitions).
Leveraged Loans (LL) – Transactions provided to highly leveraged companies, i.e., with a high amount of existing debt and a credit rating below investment grade. Proceeds can be for LBOs, SBOs, capex, M&A, recapitalisations or refinancing of existing debt. Highly leveraged companies usually involve a sponsor.
maturity (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Maturity Date |
Date at which final payment is due.
message
Type |
|
|---|
Full deal story.
figiCode (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
The FIGI is a 12-character alphanumerical code that does not contain information characterizing financial instruments, but serves for uniform unique global identification. Once issued, a FIGI is never reused and represents the same instrument in perpetuity.
nominal (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
amount - Volume (m) = converted - USD equivalent |
amout: Size of deal.
converted: The equivalent nominal amount in US dollars.
formula: Volume/100*FX Rate.
oid (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Discount in price from the loans face value at the time of issuance.
pik (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Payment-in-kind.
pricingDate (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Priced/Signed date |
Date when particular tranche was priced.
pricedDate
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Priced/Signed date |
Date when whole deal was priced.
rating (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Loan tranche ratings.
shortType (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Shortened version of the tranche type.
sponsors
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Sponsor Backed |
Majority owned or controlled by a private equity firm or investment management company.
sustainabilityLinked (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Green/Sustainable |
Loan signed in accordance with the Sustainability Linked Loan Principles of the LMA or equivalent bodies in various regions.
tenor (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
Refers to the time till maturity (due date) of the entire loan.
type (Tranche[1])
Type |
|
|---|---|
Loan Radar Data Wizard Field |
Tranche Type |
TL (Term Loan)
Upfront loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.
Once drawn down, it cannot be reborrowed, like a revolver once repaid.
TLA (Term Loan A)
Amortising term loan, i.e., the principal amount is gradually paid off.
These loans are normally syndicated to banks along with revolving credits facilities (RCFs) as part of a larger syndicated loan package.
They are not leveraged loans.
TLB,TLC,TLD (Term Loan B,C,D)
Term loans carved out for non-bank institutional investors, such as pension funds, hedge funds, and insurance companies.
These fall into the leveraged loan category.
They are typically bullet/balloon repayments at maturity, i.e., a single repayment of the principal amount on the due date.
2LTL
Subordinated to the term loans A/B/C/D and RCFs.
Lenders hold a second priority security interest on the assets of the borrower.
Arrangers tap institutional investors to finance second-lien loans.
DDTL (delayed-draw term loan A/B/C/D)
Feature in a term loan that lets a borrower withdraw pre-defined and pre-approved loan amounts within a certain time frame (availability).
The withdrawal and availability periods, which are determined in advance, can be three, six, or nine months.
RCF
A bank facility or credit line that allows a borrower to draw down the line, repay and reborrow.
Under RCFs, there can be sub-limits such as letter of credit facilities (L/Cs) or Swingline facilities.
These are types of ancillary facilities.
DD2L (delayed-draw second-lien loan)
See above for DDTL
Guarantee facility (GTF)
Like L/Cs both are promises from a lender that a borrower will be able to repay a debt to another party regardless of the borrower’s financial circumstances.
L/Cs are typically used in international trade, while bank guarantees are used in projects.
Capex facility (CPX)
A loan or a credit line that must be used for capital expenditure (i.e., investment in physical assets such as land, buildings and equipment).
Add-ons
Allows a borrower to increase the size of an existing loan/RCF/Capex line at the same terms, i.e., pricing, tenor, covenants etc.
useOfProceeds
Type |
|
|---|---|
Loan Radar Data Wizard Field |
N/A |
dividendRecap: A company makes a payment to its shareholders by issuing debt
lbo: The acquisition of a company by a private equity firm or an investment management company using a significant amount of borrowed money
mergersAndAcquisitions: Acquiring and combining companies
prePostIpo: Financing raised before or after completing an initial public offering (IPO)
refi: Refinancing of existing debt, through an amendment or extension or by repricing of the margin
gcp: General Corporate Purposes
sbo: A transaction involving the sale of a sponsor-backed company to another sponsor