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Syndicated Loans

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Executive moves from Deutsche to be MD
Banker poached from Citigroup
Former investment banker has been CFO of Verbund
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  • SMBC Aviation Capital has returned to the offshore loan market for an unsecured $600m dual-tranche deal.
  • Chinese agribusiness company New Hope Group has returned to the offshore loan market for a $300m facility.
  • Philippine brandy making company Emperador has closed a €405m borrowing with 13 lenders in the syndicate.
  • SRI
    Crédit Agricole CIB has issued the first transition bond to be structured according to Axa Investment Management’s guidelines for this embryonic product, published in June. The €100m private placement, bought by Axa Group, was designed to demonstrate how the market could work.
  • Two senior French equity capital markets and coverage bankers who left Société Générale two months ago have joined arch-rival BNP Paribas.
  • Amid signs of progress, BNP Paribas faces challenges to deliver on its radical transformation plan, writes David Rothnie.