Jumbo M&A gifts euro lenders breathing space

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By Mike Turner
11 Jul 2019

Germany’s Infineon Technologies and compatriot ZF Friedrichshafen have signed acquisition-related loans totalling €16.8bn, as loans bankers allow themselves a small sigh of relief after months of deal drought.

“It won’t move the needle as much as people would like,” said a loans banker that worked on one of the deals. “But it’s never bad to see big M&A come to fruition.”

A second bond banker said: “This is why you can’t write the year off. Big M&A ...

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