Issuers

Taylor Wimpey targets refinancing package, reports FT

Monday, July 12, 2010

Taylor Wimpey is negotiating with lenders over a refinancing package that would increase the ability of the UK’s second-largest volume housebuilder to buy land, reports the Financial Times. According to the article, Taylor Wimpey is seeking to refinance its bonds and bank loans after last year completing a £1.55 billion debt restructuring that extended the repayments due on its debts to July 2012.


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CFlux secondary 
CLO index levels:

Index
6 Feb
CFlux USD AAA  ↑ 94.9
CFlux USD AA  ↓ 81.3
CFlux USD A  ↓ 75.0
CFlux USD BBB  ↑ 74.8
CFlux USD BB  ↑

72.1

CFlux USD EQ  ↑ 67.6

 

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