Top section
Top section
The Prague-based defence and technology firm attracted 18 institutions into a deal which compressed margins by 150bp
Sleeping SLLs clause enters template as compressed margins make borrowers reluctant to deal with verification costs
First Abu Dhabi joins the syndicate for the short term loan all but equalling the size of a previous revolving facility
More articles
More articles
More articles
-
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. -
Credit Suisse has given staff including Jeff Cohen new positions and is also creating a new energy and infrastructure group.
-
Great Portland Estates, the UK real estate investment trust, is looking to close a set of private placements next week, according to market sources.
-
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.
-
India’s Adani Green Energy is in talks with banks for project finance of more than $1bn, which some bankers think is ambitious.
-
Regular credits in the private placement markets in Europe, like UK utilities, have disappeared from the scene since the coronavirus pandemic began because investors have not managed to reduce their yield targets to compete with pricing in public markets. Silas Brown reports.
Sub-sections
