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Volume dips only slightly despite there being a third fewer transactions
Retail and services company initially targeted €100m with third transaction since 2022
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Commodities company Trafigura’s Singapore arm is making its annual return to the Asian loan market, this time opting for a sustainability-linked facility. -
Essentra, the UK speciality fibres and plastics maker, has closed a US private placement deal at $250m.
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Gunvor, the Swiss energy trading company, has signed an $872.5m guarantee facility. Lenders' demand for assets is so big that the deal was oversubscribed by 45%.
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Loomis, the Swedish cash handling company, has signed a €265m-equivalent credit facility, with the borrower maintaining the same level of net bank facility debt.
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Chint Solar, a Chinese photovoltaic module supplier, is making its debut in the offshore market for a dual currency green loan.
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Shanghai Pharmaceuticals Holding Co has managed to slice the margin and fees on a $500m comeback to the loan market.
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