Deal flow gets IG market swinging again
The investment grade syndicated loan market got back to something approaching normality this week, with bookrunners putting more deals into the market. After Lafarge’s Eu7.2bn jumbo kicked things off, French electrical distributor Sonepar’s Eu1.4bn deal was launched on Monday. The UK’s Imperial Tobacco is expected to launch general syndication of its £9.2bn equivalent deal soon.
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