€272M European loan and bond BWIC finds strong support in secondary

A €272 million loan and bond, bids wanted in competition portfolio has largely cleared between the bid- and the mid-levels following the deadline on Dec. 9, according to sources.

“The execution was pretty competitive, and that gives you an idea of the technical strength in loans,” said one account source.

The portfolio included a mix of fixed- and floating-rate notes as well as loans.

Names in the bids wanted in competition portfolio include United Group (4% due 2027), Allied Universal, Altice, Arrow Global, Asda, Biogroup (5% due 2029), Cerba (5% due 2029), Engineering Group, Gamenet (6.25% due 2025), House of HR, Lonza, MasMovil, MCS, Numericable, Picard, Sisal, Stada, TAP, Unilabs, Verisure, Zoncolan Bidco, United Group (FRN), DOC Generici, Encore, Fedrigoni, Gamenet (FRN), LeasePlan (Lincoln Finance), Lowell, MCS, Rossini, Thyssenkrupp Elevator (FRN), Trivium Packaging, Verisure (FRN), Action, Adco, Advanced Computer Software, Ahlsell, Allieduniversal, Allnex, Amer Sports, Ammega Group, Areas Worldwide, Asmodee, Solera, AutoScout, AVS, Biogroup (TLB-1), CDK International, Cegid, CeramTec, CRH European Distribution, Delachaux, Diaverum, Domidep, DOMUS VI, Duff & Phelps, Financiere CEP, Flender, Froneri, Galileo, Garrett Motion, Gerflor, Hyperion, IFCO, Kantar, Keter, Matterhorn Mobile, Melita, Micro Focus, Nord Anglia Education, P&I, Partner in Pet Food, Power Solutions, Refresco, Stark, Stella, Techem, THINK-CELL, Titan, Unilabs, Verisure (TLB) and Xsys.