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Former investment banker has been CFO of Verbund
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Taiwan’s Cheng Loong Corp, a paper maker, has closed syndication of a $130m borrowing with nine banks. -
The Loan Market Association is not looking at producing documentation for social revolving credit facilities, adding to the likelihood that the first-of-its-kind Covid-19 facility for Suez last week will remain a rarity in the market.
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Credit Suisse has given staff including Jeff Cohen new positions and is also creating a new energy and infrastructure group.
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Great Portland Estates, the UK real estate investment trust, is looking to close a set of private placements next week, according to market sources.
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Suez, the French utility, signed what it claims to be the first ever social revolving credit facility, using elements of green and sustainability-linked financing to create a new Covid-19 era structure to mitigate some of the financial fallout from the coronavirus pandemic.
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India’s Adani Green Energy is in talks with banks for project finance of more than $1bn, which some bankers think is ambitious.
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