SAP loan gets 100% hit rate, Meda expected to follow suit
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Syndicated Loans

SAP loan gets 100% hit rate, Meda expected to follow suit

Three darts in bullseye 230x150

SAP, the German software firm, closed syndication of the €7bn bridge facility for its $8.3bn acquisition of US expenses software firm Concur at the end of last week. It was the latest in a series of deals to obtain the participation of all the invited banks, fueling expectations that upcoming deals will also be popular.

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