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Former investment banker has been CFO of Verbund
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Shares in Intu Properties, the UK real estate investment trust focused on shopping centres, tanked this week after the company said on Wednesday morning that it has called off its £1bn-plus rights issue due to “extreme” market conditions. -
Finland's SRV Group has tweaked the structure of its euro revolving credit facility to include a clause linked to issuing equity, as the real estate developer pushes ahead with a corporate restructuring programme.
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Saudi Arabian fashion retailer Fawaz Abdulaziz Alhokair has raised an $800m multi-currency loan with a consortium of local lenders.
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Coronavirus fears and plunging markets meant a flood of pulled deals in leveraged loans — but a strong backdrop for some, notably French medical diagnostics and testing business Biogroup-LCD which launched a €274.7m acquisition loan into general syndication through JP Morgan and Natixis on Tuesday.
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China Hongqiao Group, an aluminium producer, has returned to the loan market for a $200m borrowing,
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China’s Luxshare Precision is in the market seeking a $500m revolving credit facility, returning to bank lenders after an absence of three years.
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