Deutsche Post DHL to sign increased Eu2bn debut

20 Dec 2010

Deutsche Post DHL will increase its debut syndicated loan from Eu1.5bn to Eu2bn when it signs on Monday afternoon, after the deal was heavily oversubscribed.

All 18 banks that participated in the transaction have had their commitments scaled back despite the increase.

“We’re very proud of this deal,” said a banker close to the facility. “Everyone wanted to be in it, and the syndicate is made up of the top banks from Europe, Asia ...

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