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Former investment banker has been CFO of Verbund
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Zhejiang Geely Holding Group, a Chinese developer and seller of vehicles, has closed its third offshore loan of the year, raising €400m from a group of eight lenders. -
First Abu Dhabi Bank has hired Eric Chan from Westpac to head its corporate finance business for North Asia.
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HSBC has hired Eddie Wong as a director of loan syndications for Asia Pacific, according to a source close to the move.
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Key Schuldschein arrangers that have long felt uncomfortable with floors at 0% for fixed and floating rate notes are gearing up to bring more borrowers to market with a Euribor floor set below zero in the new year.
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German nursing home firm Dorea has signed an €87m credit facility, as syndicated loan bankers say mid-market borrowers will become a bigger source of business in the coming year.
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Beauty-focused e-commerce company The Hut Group (THG) is building up its war chest with a £510m-equivalent Term Loan B issue. The fully underwritten issue will test the investors’ interest in the sprawling, privately-held company with ambitions in both online stores and tech services, with risky side trips to real estate.
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