Lenders back LSEG bridge despite hostile HKEX bid

Michael Turner

September 18, 2019 02:45 pm

LSEG PA 230x150 — File photo dated 06/02/18 of the London Stock Exchange sign in the City of London. The London Stock Exchange Group (LSE) has kick-started its preparations for a hard Brexit, warning that the terms of the UK's exit are still "unclear". | Kirsty O'Connor/PA Wire/PA Images

A legion of lenders has joined London Stock Exchange Group’s $13.5bn bridge loan for its acquisition of data company Refinitiv, as the London exchange fights off a hostile bid from Hong Kong Exchanges and Clearing that could scupper the acquisition.

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Topics

Syndicated Loans Bank of China RBC Capital Markets Lloyds Bank BNP Paribas TD Securities Citi Investment Grade Loans

MT

Michael Turner