Eleanor Duncan

With Ocado Group Plc having wrapped up the sale of its latest bond, the company’s total annual interest bill is now close to £100 million ($133 million) — more than triple what it was paying this time last year.

Drinks maker Refresco shelved a €2.1 billion ($2.3 billion) leveraged loan repricing on Thursday, as sentiment sours among junk debt investors.

Companies in both Europe and the US are shelving plans to tap the riskiest corner of the loan market after US President Donald Trump’s trade wars triggered economic uncertainty.

Eutelsat and SES’s debt plunged as the US President’s ally disrupts space race

Banks are pitching around €1 billion ($1.05 billion) in debt packages to back a potential buyout of Karo Healthcare, according to people familiar with the matter.

A group of lenders including Goldman Sachs Group Inc. are preparing €1.1 billion ($1.2 billion) of leveraged financing to back CVC Capital Partners Plc’s buyout of CompuGroup Medical SE & Co. KGaA, according to people familiar with the matter.

Grifols SA has included a term in its €1.3 billion ($1.4 billion) private debt placement that would allow Brookfield Asset Management Ltd. to refinance the deal early — a sign the Spanish drugmaker is leaving the door open for the private equity firm to make another approach.

Prime Minister Keir Starmer’s government is set to launch a £100 million ($127 million) fund aimed at helping the state run “more like a start up,” as Labour attempts to rebut criticism over its tumultuous first few months in power.

Clayton Dubilier & Rice made it a condition for banks to commit more than €1 billion ($1.1 billion) of debt to fund a part of the equity check for its bid for Sanofi’s consumer-health division, though the facility didn’t end up in the final package presented to the pharmaceutical firm.

Investors are set to have their first shot at buying European collateralized loan obligations through an exchange-traded fund, following the growth of the asset class into a multi-billion dollar market in the US.