Investment grade syndicated loans, news in brief - May 16, 2014

wind turbine
By Michael Turner
15 May 2014

Meg1 — Hochtief — Colonial — Odfjell

German Meg 1 wind farm seeks loan after sponsor problems

Meg 1, a German offshore wind farm project, is moving forward with its €1.3bn project and has approached banks for debt — even though the project's sponsor filed for and then abandoned an insolvency procedure earlier this year.

Deutsche Bank ...

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