Lloyds Bank
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Proximus, the new name for Belgian telecoms company Belgacom, issued a €500m no-grow bond on Monday, achieving a high oversubscription for the deal. -
Proximus, the new name for Belgian telecoms company Belgacom, issued a €500m no-grow bond on Monday and won high oversubscription.
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Vitol held a bank meeting last week to refinance its flagship loans. The Swiss-headquartered firm will not increase the loan from $7.5bn, according to bankers.
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Covered bond issuers have front loaded this week, printing €5.5bn in just two days via seven deals.
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Lloyds Bank was at the head of a stack of FIG trades that hit the market on Tuesday, despite European stocks diving again on poor manufacturing data from China.
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The UK’s gargantuan £4.2bn infrastructure project, the Thames Tideway Tunnel, will delight institutional investors and bankers alike with as much as £2.8bn of rare inflation-linked bond issuance. Elly Whittaker reports.
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Côte Restaurants, the UK chain of French-styled restaurants being bought out by BC Partners, has avoided general syndication and allocated a £138m leveraged loan with early bird lenders.
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Lloyds Bank has strengthened its financial institutions business with a new hire.
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Three of the UK’s biggest banks raised $5bn in senior and sub notes across the curve in the dollar market on Monday, while ING Bank still managed to beat them all in terms of size.
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Côte Restaurants, the UK chain of French-styled restaurants being bought out by BC Partners, has avoided general syndication and allocated a £138m leveraged loan with early bird lenders.
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Northgate, the UK van hire firm, has reduced its flagship bank facility and replaced the financing with a €100m private placement from Pricoa Capital.
