French borrowers cruise ahead while Spain’s stutter
French borrowers continue their strong showing in the loan market, with Sanofi-Aventis, the double-A pharmaceutical groups, pushing ahead with a self-arranged five year refinancing facility of about Eu8bn. But the market is tougher for Spanish companies. Year-to-date loan volumes from the country are the lowest since 2004 and a third down from the same period last year, Dealogic said on Wednesday. Read more on Friday.
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