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Former investment banker has been CFO of Verbund
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Lok'nStore, the UK self-storage company, has activated a clause on its £75m revolving credit facility to extend the deal by another year, as UK loans bankers say there has been a flurry of smaller sterling deals in recent weeks. -
Philippine oil refining and marketing company Petron has warned its lenders about a potential covenant breach on two of its dollar loans.
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Ping An International Financial Leasing Co has returned for a $340m loan to meet its refinancing needs.
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The double whammy of coronavirus and a crisis at the top of the bank makes the most testing of times for the new head of Commerzbank’s corporate clients division to make his mark. But Roland Boekhout has a broad vision for the firm’s corporate and investment bank and ideas for how to implement it, writes David Rothnie.
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HPS Investment Partners has provided a $1bn loan to Canadian train and plane manufacturer Bombardier as direct lenders make a play for larger companies through the pandemic.
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Singaporean commodities company Trafigura has returned to the loan market for its annual borrowing, seeking a $1bn-equivalent dual-currency deal.
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