Premier Oil, Nutreco build on loan market strength

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Premier Oil, Nutreco build on loan market strength

May 20, 2009 12:00 AM

UK group Premier Oil and Dutch animal feed firm Nutreco have both signed banks into increased facilities this week, after raising oversubscriptions. Bankers said the borrowers' active role in the transactions and their strong relationship pull helped the deals along, but welcomed the heavy demand for the loans as a tentative sign of recovery. But can the hits scored by these two borrowers lead to a flurry of successes over the next quarter? Read EuroWeek on Friday for the latest on upcoming loan deals.

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