Top section
Top section
Helaba promoted from MLA to bookrunner while RBC sits out
Deal was three times oversubscribed
Growing company gets new bank lenders and equity investors
More articles
More articles
More articles
-
Prada, the Italian fashion house, amended and extended its main bank revolver last week, with a company spokesperson confirming that the deal is sustainability-linked and the borrower is looking to sign similar facilities in the future. -
The Financial Conduct Authority warned on Monday against using benchmarks other than risk-free rates in the transition from Libor. It has asked any company under its remit to tell its FCA supervisor if it plans to use alternatives known as credit-sensitive rates.
-
Indian company Tata Steel has returned to the loan market. It is in talks with banks for a £200m ($276m) financing to support its UK business.
-
ONGC Videsh, the overseas subsidiary of Indian state-owned Oil and Natural Gas Corp, has launched a $500m loan into general syndication. It is targeting a broad group of lenders for the fundraising, owing to lending caps imposed on banks.
-
Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.
-
Only HSBC and RBC Capital Markets are underwriting Fortress’s £9.5bn bid to take UK supermarket chain Morrisons private, while only Morgan Stanley is advising Apollo on its potential rival bid. This leaves plenty of scope for other banks to team up with sponsors to make rival offers.
Sub-sections
