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Former investment banker has been CFO of Verbund
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Sweden’s EQT, the private equity company, has signed the largest ever ESG-linked subscription credit facility, raising hopes that the structure could become more common among PE firms.
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UniCredit has hired an executive from Zurich Insurance as head of group ESG strategy and impact banking.
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DZ Bank has signed up to the leading digital platform in the Schuldschein market, VC Trade. The German bank brings roughly 850 affiliated co-operative banks with it, which VC Trade’s founders believe is a game changer.
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Tom Tailor, the German fashion brand, has signed a €100m loan guaranteed by the federal and regional governments. It has also extended its existing bank line, although the company says it will not be enough to stave off insolvency at holding company level.
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The Republic of Albania won a €3bn book for its bond market return on Tuesday, whittling down pricing to a yield of 3.625% for its seven-year deal.
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58.com, a Chinese company that focuses on online classified advertisements, is in talks with banks in the country for a financing package of $3bn to support its take private.
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