BASF and Vivendi mull early refis after peripheral successes

Western European corporate borrowers are lining up to tap the loan market in the coming few weeks to complete refinancings of deals way before their 2014 maturities. After a flurry of borrowers from peripheral Europe — including Enel and Fiat Industrial — got refinancings tucked away before any volatility emanating from the Italian election hit the market, now the likes of BASF and Vivendi are looking to replace their 2014 maturities.