Lull before storm lures early loan refis
With a risk of eurozone volatility after the Italian election and the demands of Basel III looming, European firms such as BASF and Vivendi are harnessing the strong market conditions to replace loans maturing next year. At the same time, emerging market credits are rushing for replacement facilities in the wake of Rosneft’s $31bn jumbo.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast