EuroWeek View: BASF deal says little about broader corporate lending
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EuroWeek View: BASF deal says little about broader corporate lending

BASF has launched its new revolving credit line at what some regard as a scandalously tight 25bp. But BASF and other blue-chip borrowers like it are funding in a completely different market to most corporate issuers. Deals like this do not reflect the financing conditions available in the wider loans sector.

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