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Former investment banker has been CFO of Verbund
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Alcentra, the European subsidiary of BNY Mellon Investment Management, has appointed a new CEO. David Forbes-Nixon will step down to focus on his investment responsibilities. -
Turkish lender Garanti BBVA has lost a director in its funding department.
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Wayne Hiley has retired from his position of head of UK debt structuring in Barclays’ corporate banking division.
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Tatjana Greil Castro has been promoted to co-head of public markets at Muzinich an investor in corporate credit.
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Corporate debt bankers say that the comprehensive restructuring and refinancing package agreed between baggage handler Swissport and its creditors is “just the beginning”, with a growing number of companies expected to restructure their debts as the Covid-19 pandemic drags on.
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Indonesian company Sarana Multi Infrastruktur (SMI) has increased the size of its loan to $700m after seeing strong traction from banks during syndication.
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