BNP Paribas
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Materis, the French construction chemicals and materials producer, has released tranche sizes and price guidance on two refinancing loans totalling €584m for its admixtures and decorative paint businesses.
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UK firm Imperial Tobacco has signed a $13.19bn-equivalent loan to back its acquisition of brands including Winston and Maverick from Reynolds American.
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Chinese telecommunications equipment provider ZTE Corp has closed syndication of its $450m four year bullet loan, signing up 12 banks.
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Property duo Sino-Ocean Land and Sunshine 100 are meeting investors next week in connection with a possible dollar offerings.
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Lai Sun Garment priced a new four year on July 17 and used investor friendly covenants to achieve tighter pricing. The structure proved attractive and the book was nearly five times subscribed.
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Net4Gas, the Czech gas transmission system operator, launched its first bond on Thursday, raising €460m with a two tranche deal.
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Borrowers' continued confidence in the leveraged loans market is affecting deal structure, with private healthcare operators Générale de Santé and Quirón structuring their respective €1.1bn and €2.15bn deals to target term loan ‘B’s to banks, who usually prefer the amortising payments of term loan ‘A’s.
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Huvepharma, the Bulgarian pharmaceutical company, is raising a €275m loan to back the Domuschiev family’s outright purchase of the company.
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Lai Sun Garment and China Unicom issued guidance on new dim sum bonds on Thursday.
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Bank Rakyat Indonesia, which started sounding out lenders for a fresh fundraising in early May, has picked seven banks for a $370m loan, managing to increase it from the $300m it was originally targeting.
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A group of eight banks is expected to lead Shanda Games’ leveraged buyout loan of between $750m and $850m, which will help fund the company's going-private plans.
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Petrofac FPSO Holding is in the market for a $225m loan with a six year tenor that has been launched into limited syndication.