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Former investment banker has been CFO of Verbund
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility
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Biogroup LCD is planning to refinance its full capital structure and tap the bond market for the first time after a string of recent debt-funded acquisitions. The French lab testing company was a notable casualty of the first wave of Covid-induced market chaos, forced to postpone its plans for a loan in March and then having to pay up when it returned for the financing in June.
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Singaporean ride-hailing company Grab Holdings has boosted the size of its term loan B after receiving a strong response from the market, setting the stage for more Asian start-up firms to head to the US for financing.
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Düsseldorf Airport has completed a €250m German state-backed loan, with debt market participants expecting Hamburg Airport to follow suit after being forced to pull its Schuldschein deal last week.
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The ECB's attempts to curb leveraged lending are damaging, inconsistent, and come at exactly the wrong time
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Fidelity International has hired a team of 10 private credit specialists from MeDirect Bank, in its first foray into European private debt.
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Provident Square, a shopping mall in the North Point area in Hong Kong, is seeking a HK$1.4bn ($180m) loan for refinancing.
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