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Former investment banker has been CFO of Verbund
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Clayton, Dubilier & Rice has launched a take-private bid for UK based healthcare marketing and PR firm Huntsworth, bidding an enterprise value of £524m for the company. The debt financing for the deal is a $295m term loan and a £35m revolver provided by Royal Bank of Canada.
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Troubled UK tech firm Micro Focus succumbed to miserable market conditions on Monday when it decided to postpone a refinancing and extension of its revolver, promising a return "once market conditions improve".
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German auto and industrial supplier Schaeffler has launched an inaugural Schuldschein. The funds will be used in accordance with its green finance framework.
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HSBC has made Mehmet Mazi global head of debt trading and financing, a newly created position. It comes after the departure of Elie El Hayek, a veteran of the bank who had run fixed income.
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Italy's CNH Industrial has extended its revolving credit facility by a year, with all lenders agreeing to the capital goods company exercising the first of two one year options.
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Dürr is looking for its second sustainability-linked Schuldschein, after the listed mechanical and plant engineering firm launched its first issue in the format last May.
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