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Retail and services company initially targeted €100m with third transaction since 2022
Facility's maturity pushed out to 2031
Seventeen banks joined the underwritten 18 month deal
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India’s Power Finance Corp is raising a loan with a fixed rate as it looks to move away from Libor, but its decision has received lukewarm response from lenders concerned about the lack of precedents. -
Joey Mak, a former loans banker at Mizuho, has joined Bank of Communications as section head of the structured finance department.
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A $350m sustainability-linked loan for Cal-Comp Electronics (Thailand) Public Co has been launched into syndication.
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RBC Capital Markets has hired Citi's former head of structured credit sales EMEA, John Miles, to lead its recently established alternatives and private capital solutions (APCS) group.
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KPN, a Dutch telecoms company, has agreed a €1bn sustainability-linked credit facility, it announced on Wednesday. The targets include a reduction in its Scope 3 emissions.
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City Electrical Factors, a UK electrical wholesale network, has agreed on a £150m five-year secured credit facility. Wells Fargo served as sole lender, as the bank looks to expand its loan book in Europe.
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