Syndicated Loans - All Articles

  • GTech gets €800m loan the day before downgrade

    GTech, the Italian gambling equipment maker, completed an €800m term loan on Friday last week, the day before Standard & Poor’s and Moody’s downgraded it to junk.

    • 30 Jan 2015
  • Pertamina nets $380m in general

    Indonesian oil and gas company Pertamina, which is in the market for $1.8bn five year loan, has received $380m in commitments in general. Bankers on the deal said they expect to close soon with allocations likely to be out in the next couple of weeks.

    • 30 Jan 2015
  • GlobalCapital Asia's 2015 New Year drinks and awards reception in pictures

    GlobalCapital Asia held a drinks reception at Duddell’s in Hong Kong on January 28, 2015. The evening was a chance for guests to pick up their well deserved regional capital markets awards, and catch up with friends and colleagues from around the market.

    • 30 Jan 2015
  • Citi’s Dean to head loans for Westpac

    Westpac has named Aziz Dean as its new head of loans and syndications, corporate and structured finance for Asia Pacific. The appointment of Dean, who brings with him expertise in acquisition finance, indicates the growing focus by Australian lenders on Asian investment into their home market.

    • 30 Jan 2015
  • Russians push for loans against dismal odds

    Russian borrowers are still trying to line up loan deals with international banks, even as conditions for them continue to worsen and the pool of banks willing to arrange such deals grows ever smaller.

    • 29 Jan 2015
  • Sterling cov-lite finds some friends, but product's viability remains a doubt

    Mid-market sterling cov-lite seems to have made it over the line this week, with Sky Bet set to close books on Friday, Northgate having been allocated and Advanced Computer Solutions preplacing the sterling tranche of its acquisition facility.

    • 29 Jan 2015
  • Solenis closes €85m loan, with increase and tight OID

    Solenis, the US chemicals producer, has closed books on an €85m six year term loan that backs its acquisition of Clearwater Specialties, increasing the facility by €10m.

    • 29 Jan 2015
  • Ukrainian firms steel up for year of loan waivers

    Ukraine’s biggest steelmaker is in talks with banks over a loan package that looks set to include a partial waiver of existing debt. Bankers say the agreement could set a precedent for the majority of Ukrainian companies that need to negotiate debt maturities this year.

    • 29 Jan 2015
  • Wittur guides its price as Bain bags TI Automotive

    Wittur, the German lift components producer, set price guidance for its €285m ($322.23m) acquisition loan at a London bank meeting on Monday, a day before its new private equity owner, Bain Capital, added TI Automotive to its portfolio.

    • 29 Jan 2015
  • Second lien gets kicking from unitranche but US offers hope

    The European second lien leveraged loan market has had a rough start to the year. Low volumes, due to unattractive pricing and competing junior debt products, have made it a tough sell to subordinated debt investors.

    • 29 Jan 2015
  • UBS plans to rebuild European levfin after senior exodus

    After a brutal year in 2014, in which several senior staff were cut or left the bank, UBS’s European levfin business has a fixer in the shape of Jim Boland.

    • 29 Jan 2015
  • Russian loan legal framework gets facelift, but cracks remain

    Economic and political barriers deterring international banks from lending to Russian companies continue to rise. But the legal framework and sanctions language for such deals has become much more robust and well understood over recent months.

    • 29 Jan 2015
  • Akbank goes for longer tenor as Turkish peers look on

    Akbank is using a novel tenor structure as it leads the first wave of Turkish bank loan refinancings this year, in a move that could set a benchmark for peer borrowers.

    • 29 Jan 2015
  • Loans, news in brief — January 29, 2015

    Adveo — Nidera — Stanbic Uganda

    • 29 Jan 2015
  • Sky Bet widens margin as deadline for £340m loan approaches

    UK online gambling business Sky Bet has widened the margin on its £340m leveraged loan by 25bp as the deal nears its deadline for commitments.

    • 29 Jan 2015
  • Spain's Adveo gets €115m loan without hassle

    Adveo, the Spanish stationery supplier, has secured a €115m five year loan. The deal went ahead smoothly despite any concerns over eurozone politics, a spokesperson for the company said.

    • 29 Jan 2015
  • Nidera seeks $800m RCF by February after Cofco investment

    Syndication for Dutch grain trader Nidera’s $800m revolving credit facility will close on February 17, according to a banker on the deal.

    • 29 Jan 2015
  • BBGI infra fund refinances with up to £180m loan, may sell equity

    BBGI Sicav, a London-listed infrastructure investment company, has signed an £80m three year revolving credit facility with ING Bank and KfW Ipex-Bank. BBGI said they it would repay the facility through equity fundraisings.

    • 29 Jan 2015
  • Advanced Computer Solutions has to widen dollar loan pricing in weak market

    Advanced Computer Solutions, the UK software and IT services provider, has widened pricing on the dollar tranches of its £498.5m acquisition loan, in response to weak market conditions in the US.

    • 29 Jan 2015
  • RBI aims for 20% asset cut, with Russian lending in the crosshairs

    Raiffeisen Bank International will cut its risk-weighted assets by 20%, in a move aimed at reducing its exposure to Russia and bolstering its capital buffer.

    • 29 Jan 2015
  • Akbank pushes longer tenor at start of Turkish loan wave

    Akbank is using a novel loan tenor structure as it leads the first wave of Turkish bank refinancings this year, in a move that could set a benchmark for peer borrowers.

    • 29 Jan 2015
  • Loan gaffe won’t take sheen off Pelindo II

    Pelabuhan Indonesia II (Pelindo II) surprised loans bankers this week with its decision to limit a $1bn borrowing to just over half that amount, causing the cancellation of general syndication. This was just the latest twist for a loan that has been anything but straightforward, though the outcome is unlikely to hurt the borrower in the long run.

    • 29 Jan 2015
  • K Wah limits syndication for HK$3bn facility

    K Wah Financial Services has hit the market for a dual tranche fundraising of HK$3bn ($387m), with seven banks in the lead position. The mandated lead arrangers and bookrunners have invited only a limited number of banks to join, as the borrower is not looking for a big syndicate.

    • 29 Jan 2015
  • Haier International breezes to $360m as nine come in

    Chinese consumer electronics appliance maker Haier International has allocated its three year facility at a larger-than-launch size of $360m. The borrower’s relationship banks came in with big tickets, encouraged by the company's growth potential and leading position in China.

    • 29 Jan 2015
  • Indonesia Eximbank looks for $600m in two tranches

    Indonesia Eximbank has sent out requests for proposals for a $600m dual tranche facility that comes with the option of increasing the loan size to $750m.

    • 29 Jan 2015
  • Solenis closes €85m loan with increase and tight OID

    Solenis, the US chemicals producer, has closed books on an €85m six year term loan that backs its acquisition of Clearwater Specialties, increasing the facility by €10m.

    • 28 Jan 2015
  • QE optimism could boost loans in 2015, after record year in 2014

    European investment grade syndicated lending last year reached its highest volume since 2007, at $716.9bn, according to Dealogic data. More mergers and acquisitions are needed to maintain such high volumes in 2015, bankers agree, and QE could be a driving force for M&A.

    • 28 Jan 2015
  • Moulton makes no apology to MPs for using secured loan for City Link

    Jon Moulton, founder of Better Capital, gave a robust defence of his firm’s handling of the collapse of City Link, the UK deliveries company, before a parliamentary committee on Tuesday.

    • 28 Jan 2015
  • Corporate debt vaults over Greece, investors hungry for risk

    Europe’s corporate bond market has reacted with cautious optimism to Syriza’s victory in the Greek general election on Sunday.

    • 28 Jan 2015
  • Stanbic Uganda signs oversubscribed debut loan

    Stanbic Bank Uganda, a unit of South Africa’s Standard Bank, has signed an $85m debut loan with banks.

    • 28 Jan 2015
  • Seven banks tipped for K Wah HK$3bn facility

    K Wah Financial is due to hit the market for a fundraising of over HK$3bn ($387m) and is said to have mandated seven banks for the syndication. The deal is likely to be in general as early as this week, said bankers.

    • 28 Jan 2015
  • The EFSI is a force for good – but cannot cure infrastructure’s biggest blockage

    The European Commission’s “Juncker Plan” to boost investment by €315bn ($356.14bn) is welcome. Scepticism that it cannot work because it only has €21bn of capital is unwarranted. The European Investment Bank is putting its shoulder to the wheel and should not be underestimated. But do not expect this to solve Europe’s infrastructure investment problems. Money is not the problem. The real obstacles is are governments' indecision about what infrastructure they want and how investors will make a return.

    • 27 Jan 2015
  • Barratt refinances £850m of debt as housebuilders thrive

    UK housebuilder Barratt Developments has amended and extended a £700m revolving credit facility, a £100m term loan and $80m (£48m) of private placement notes.

    • 27 Jan 2015
  • Wittur guides pricing at bank meeting as Bain wins TI Automotive

    Wittur, the German lift components producer, set price guidance for its €285m acquisition loan at a London bank meeting on Monday, only a day before its new private equity owner, Bain Capital, added TI Automotive to its portfolio.

    • 27 Jan 2015
  • Shire fuels hope for pharma M&A, but US deals will beat EU

    M&A deals driven by pharmaceutical companies betting on the prospects of late pipeline assets, such as Shire’s recent deal, look set to be a recurrent theme in 2015. Other M&A drivers will be small to medium size transactions in Europe and aggressive activity from US companies, say Moody's credit analysts.

    • 27 Jan 2015
  • Second lien gets kicking from unitranche, but US offers hope

    The European second lien leveraged loan market has had a rough start to the year. Its low volumes, due to unattractive pricing and competing junior debt products, have made it a tough sell to subordinated debt investors.

    • 27 Jan 2015
  • Legal framework for Russian loans much improved, but disputes persist

    Economic and political barriers deterring international banks from lending to Russian companies continue to rise - yet at the same time, the legal framework and sanctions language for such deals has become much more robust and well understood over recent months.

    • 27 Jan 2015
  • Akbank leads Turkish loan charge after bond

    The first wave of Turkish bank loan refinancings this year will kick off next week, say bankers, with Akbank expected to lead the charge.

    • 27 Jan 2015
  • Texhong spins $90m three year into general

    Hong Kong listed Chinese company Texhong Textile Group has opened up a $90m three year fundraising, picking three banks as leads.

    • 27 Jan 2015
  • Indonesia Exim returns with $600m RFP

    Indonesia Eximbank has issued a request for proposals for a $600m dual-tranche facility, with an option of increasing the loan size to $750m.

    • 27 Jan 2015
  • HSBC positions for rise in Asian distressed debt

    HSBC is preparing for a rise in distressed debt situations in Asia, hiring Sergio Morita as its first head of sourcing in the region. The bank expects more opportunities in special situations and distressed debt will arise from the increased stress on Asian companies following the downturn in commodity prices and defaults in China’s property sector.

    • 27 Jan 2015
  • Akbank leads Turkish loan charge after bond

    The first wave of Turkish bank loan refinancings this year will kick off next week, say bankers, with Akbank expected to lead the charge.

    • 27 Jan 2015
  • Tikehau makes big name hire with Jean-Pierre Mustier

    After more than a decade at the forefront of European investment banking, Jean-Pierre Mustier has become one of five partners at Tikehau, the French investment fund. The hire will bring Tikehau a new level of prominence after a period during which it has grown in the expanding field of direct lending.

    • 26 Jan 2015
  • Loan Ranger: Record volumes ahead in every sector (honestly)

    Loan bankers are a lovely, optimistic bunch who just want to get on with doing some deals whatever the weather, so the last thing they need is a scandalous naysayer peddling click-bait doom about their market, even if Russia is going to the wall (and it’s not of course).

    • 26 Jan 2015
  • Spain's ACS and Sacyr near close on €2bn of refinancing

    Spanish construction and engineering companies Actividades de Construcción y Servicios and Sacyr Vallehermoso are close to finalising large loan refinancings, and have not felt any impact from the election in Greece that has brought to power an anti-austerity government.

    • 26 Jan 2015
  • For loans, Greece means: keep calm and carry on

    Loans bankers are confident their market will not be stopped in its tracks by Syriza coming to power in Greece, though if relations with the EU turn sour, pricing for peripheral borrowers might not continue to tighten as expected this year.

    • 26 Jan 2015
  • CVC hires top ING banker to lead Dutch drive

    CVC has hired Ivo Lurvink as a partner in its Amsterdam office, where he will head the private equity firm’s Dutch operations.

    • 26 Jan 2015
  • Wittur starts marketing €485m loan, bond for buyout

    Wittur, a German lift components maker, is holding a London bank meeting today as it markets a €485m debt package to investors.

    • 26 Jan 2015
  • IHS loan 'going well' but Afren troubles fuel Nigeria fears

    Nigerian telecom towers group IHS continues to progress well with an $800m loan and should sign it within the week, bankers say. But there is mounting concern about the prospects for Nigerian financial institution and oil-related loans after fears rose of a default by Afren.

    • 26 Jan 2015
  • Commitments scaled back on Stanbic Uganda loan debut

    Stanbic Uganda will hold a signing ceremony this week for its debut syndicated term loan facility, which bankers involved say has been oversubscribed.

    • 26 Jan 2015
  • For corporate debt, Greece means: keep calm and carry on

    Corporate debt bankers and investors are taking Syriza’s victory in Sunday’s Greek general election in their stride.

    • 26 Jan 2015
  • Indonesia's Pelindo II scraps general, cuts loan size

    In the latest twist in the saga of port services provider Pelabuhan Indonesia II’s $1bn loan, the borrower has decided to scrap general syndication and limit the deal to $550m which had already been prefunded by the seven banks leading the transaction.

    • 26 Jan 2015
  • Kingboard winds up upzised loan at HK$4bn

    Kingboard Laminates Holdings has raised the size of its latest facility to HK$4bn ($516m) from HK$3bn, as existing lenders piled in to the deal, which pays better returns than a 2014 loan by the borrower. The dual currency loan netted HK$2.59bn in the Hong Kong dollar tranche and $181.6m in the US dollar tranche.

    • 26 Jan 2015
  • HSBC advises Hutchison Whampoa on £6bn O2 takeover

    Hong Kong's Hutchison Whampoa has engaged HSBC as M&A adviser as it seeks £6bn of loans to buy UK mobile phone operator O2 for £10.25bn ($15.4bn) from Telefónica of Spain.

    • 23 Jan 2015
  • Loans round up: Casetek, Cifi, Sun Hung Kai Properties

    Taiwanese computer casings maker Casetek’s $300m three year financing has attracted five banks in syndication.

    • 23 Jan 2015
  • KKR intercepts Trainline.com float with knockout all-equity bid

    KKR, the US private equity firm, surprised the UK equity markets on Thursday morning as it announced its takeover of Trainline.com, the train ticketing website that had a fortnight ago expressed its intention to float in London.

    • 22 Jan 2015
  • Loan heads unmoved by ECB 'mood music'

    The European Central Bank’s announcement of an injection of at least $1.1tr into asset purchases has been widely hailed as a big boost for the Eurozone economy. But for loans bankers it provided little more than inspiration for poetic turns of phrase and colourful analogies to describe how minimal an impact it will have on their market.

    • 22 Jan 2015
  • Angus Chemicals makes euro shift on $505m loan

    Angus Chemicals, the US chemicals producer, is closing books on its $505m leveraged loan, the first of the year, having made a small shift in favour of euros on the crossborder transaction.

    • 22 Jan 2015
  • Enoc and Tecom add to Dubai’s big loans ramp up

    Big name borrowers are continuing Dubai’s busy start to the year for loans, with Emirates National Oil Company (Enoc) in talks with banks on a $1.5bn deal, and Tecom Investments signing a Dh4bn ($1.1bn) loan.

    • 22 Jan 2015
  • SIG launches its €2.3bn loan, in first big buyout financing of 2015

    SIG Combibloc, the Swiss drinks carton maker, has launched the long-awaited €2.265bn loan backing its acquisition by Onex, in the largest European leveraged takeover financing of the year so far.

    • 22 Jan 2015
  • KKR intercepts Trainline float with knockout all-equity bid

    KKR, the US private equity firm, surprised the UK equity markets on Thursday morning as it announced its takeover of Thetrainline.com, the train ticketing website that had a fortnight ago expressed its intention to float in London.

    • 22 Jan 2015
  • Fresenius quick to cut loan margins right after winning investment grade

    Fresenius, the German medical care company, launched a loan refinancing project of around €3bn only two days after Standard & Poor’s upgraded it to investment grade.

    • 22 Jan 2015
  • Loan lenders stay snug in UPC as bond market picks up slack

    The loan portion of Liberty Global’s refinancing exercise has been reduced to around €690m, after lenders’ reluctance to roll into its merging Dutch subsidiary led the company to issue an €800m bond through Ziggo, one of the merging companies.

    • 22 Jan 2015
  • Kazatomprom signs loan to pay down May bonds

    Kazakhstan’s state-owned nuclear holding company Kazatomprom has signed a $450m facility agreement with banks to pay down eurobonds maturing this year.

    • 22 Jan 2015
  • South Africa’s Investec plans $300m three year club loan

    Investec Bank is looking to sign a three year loan with international lenders.

    • 22 Jan 2015
  • BNP Paribas inches toward levfin-high yield merger

    BNP Paribas is preparing a reorganisation of its leveraged finance and high yield teams, as part of the reordering of its corporate and institutional bank that has taken place since Yann Gérardin took over as its head in October. Market participants believe some job cuts are possible.

    • 22 Jan 2015
  • Trafigura launches syndication of $4.25bn facility

    Trafigura Beheer has launched a $4.25bn multicurrency facility with eight relationship banks. The commodity trader is refinancing a slightly larger loan of $4.73bn which was signed in March 2014.

    • 22 Jan 2015
  • Loans, news in brief — January 22, 2015

    Four Seasons Health Care — Gazprom — Angola — Addnode Group

    • 22 Jan 2015
  • ZF Friedrichshafen issues record €2.2bn Schuldschein

    German car parts maker ZF Friedrichshafen has issued a Schuldschein of €2.2bn, the largest on record, worth nearly 20% of all issuance in 2014. Attractive pricing and ZF's reliable name as an issuer drove the size of the deal up, said bankers involved.

    • 22 Jan 2015
  • Gazprom agrees bilateral loans with Italian banks

    Gazprom has signed a €350m first ever bilateral loan with Intesa Sanpaolo, but its second in two months with Italian banks after agreeing a €390m deal with UniCredit in December.

    • 22 Jan 2015
  • Loan lenders stay snug in UPC, while bond market picks up slack

    The loan portion of Liberty Global’s refinancing exercise has been reduced to around €690m, after lenders’ reluctance to roll into its merging Dutch subsidiary led the company to issue an €800m bond through Ziggo, one of the merging companies.

    • 22 Jan 2015
  • Damned if you do, damned if you don’t

    Although I don’t have much to do most days and life is one long holiday, I was still quite chuffed to leave Hong Kong’s stale air behind as I took off for a long awaited trip to New Zealand with the missus.

    • 22 Jan 2015
  • CNS returns for refi after acquisition flop

    Taiwanese cable television operator China Network Systems (CNS) is in the market with a NT$46.742bn ($1.53bn) seven year multi-tranche loan. CNS’s sponsor MBK had originally picked Taiwan’s Wei family to acquire the company in August last year but subsequent scandals surrounding the buyer prevented the deal from going through.

    • 22 Jan 2015
  • HKBN connects for HK$3.1bn loan in general

    A HK$3.1bn ($400m) portion of a HK$4.46bn fundraising by CVC sponsored Hong Kong Broadband Network (HKBN) has hit general syndication, said bankers.

    • 22 Jan 2015
  • Far East Horizon shoots $200m bullet with three

    Financial and leasing services company Far East Horizon, which wrapped up a three year loan in December, is already back for a $200m borrowing. Like its last fundraising, the latest bullet has a margin pegged to China’s state-owned Sinochem’s shareholding in the company.

    • 22 Jan 2015
  • Indonesian Royal Industries plants $300m facility

    Privately-owned Royal Industries Indonesia is firming up a senior group of lenders for a $300m fundraising. The pricing on the deal is said to be similar to a $300m loan it sealed in 2013.

    • 22 Jan 2015
  • Malaysia Airports €500m takes off in general

    Malaysia Airports opened a €500m ($579m) seven year loan into general syndication on January 21, picking two European banks and one Malaysian bank to lead the deal. A portion of the loan will be used to finance the borrower’s acquisition of Turkey's Istanbul Sabiha Gökçen (ISG) International Airport.

    • 22 Jan 2015
  • MMI International hunts for $580m five year loan via senior syndication

    KKR-sponsored precision engineering company MMI International is cementing the top group of lenders for a $580m five year refinancing, which will pay a margin based on a leverage grid.

    • 22 Jan 2015
  • Succeed Venture to raise $300m onshore

    Succeed Venture is looking to raise a $300m secured loan. In addition to offering security based on a hotel building in Shanghai, the fundraising comes backed by provisions related to the loan-to-value ratio, using the hotel’s valuation as a basis, said a banker.

    • 22 Jan 2015
  • Essar Oil drills advance payment based loan

    Oil offtaker Oil Bridge is in the market for a $180m 23 month loan. The proceeds will go to Indian integrated oil company Essar Oil, which has entered into an advance payment agreement with the offtaker. The loan comes backed by an export performance bank guarantee from State Bank of India.

    • 22 Jan 2015
  • TCW hires two for credit research and trading

    Los Angeles asset management firm TCW Group has hired two new senior vice presidents, with extensive experience in US credit markets and collateralised loan obligations.

    • 21 Jan 2015
  • SIG launches €2.3bn loan, first big buyout financing of 2015

    SIG Combibloc, the Swiss drinks carton maker, has launched the long-awaited €2.265bn loan backing its acquisition by Onex, the largest European leveraged takeover financing of the year so far.

    • 21 Jan 2015
  • Institutions lead as Solairedirect wins €255m project financing

    Solairedirect, a French independent solar power producer, has agreed €255m of project financing for photovoltaic plants in France, Chile and India.

    • 21 Jan 2015
  • Investec lines up three year loan

    South Africa’s Investec Bank is looking to sign a three year loan with international lenders.

    • 21 Jan 2015
  • Companies eye ECB — but risk appetite is high already

    The European Central Bank’s meeting on Thursday is the first thing corporate bond specialists have to consider this week when weighing the prospects for their market — and many see more risk of downside than upside.

    • 21 Jan 2015
  • Malaysia Airports lands for €500m in general

    Malaysia Airports opened a €500m ($579m) seven year loan into general syndication on January 21, picking two European banks and one Malaysian bank to lead the deal. A portion of the loan will be used to finance the borrower’s acquisition of Turkey's Istanbul Sabiha Gokcen (ISG) International Airport.

    • 21 Jan 2015
  • HSBC hires two for credit situations loan sourcing

    HSBC has boosted its global loan sourcing capabilities with two senior appointments in newly created roles.

    • 21 Jan 2015
  • Al-Waha Petrochemical signs two Islamic loans

    Al Waha Petrochemical, a subsidiary of Sahara Petrochemical, has signed two Islamic facilities worth Sr2.3bn ($612m) in total with Saudi British Bank (SABB) and Banque Saudi Fransi (BSF).

    • 21 Jan 2015
  • Addnode Group signs Skr200m loan with Nordea

    Addnode Group, a Swedish information technology firm, has signed a Skr200m ($24.6m) revolving credit facility with Nordea.

    • 20 Jan 2015
  • Four Seasons Health Care flips revolver into £40m term loan

    Four Seasons Health Care, the UK private health care provider, has switched an undrawn revolving facility into a £40m super-senior three year term loan.

    • 20 Jan 2015
  • Angola tops up funds with $500m of loans

    Angola has agreed two loans worth $250m each with Goldman Sachs and Gemcorp Capital as it looks to weather the financial strain caused by recently plummeting oil prices.

    • 20 Jan 2015
  • Kazatomprom signs $450m loan to refinance bonds

    Kazakhstan’s state-owned nuclear holding company Kazatomprom has signed a $450m facility agreement with banks to pay down eurobonds maturing this year.

    • 20 Jan 2015
  • HSBC adds one to loan syndications team

    HSBC has made a new appointment to its loan syndications team, according to an internal memo seen by GlobalCapital Asia.

    • 20 Jan 2015
  • MMI International firming up senior group for $580m

    KKR sponsored precision engineering company, MMI International, is cementing the top group of lenders for a $580m five year refinancing, which will pay a margin based on a leverage grid.

    • 20 Jan 2015
  • Samson Paper and Formosa upsize loans

    Hong Kong listed company Samson Paper, which opened an HK$500m ($64.5m) loan into general in January, is likely to raise the facility size to HK$750m after receiving positive feedback for the borrowing.

    • 20 Jan 2015
  • HKBN wires HK$3.1bn loan into general

    An HK$3.1bn ($400m) portion of an HK$4.46bn fundraising by CVC sponsored Hong Kong Broadband Network (HKBN) has hit general syndication, said bankers.

    • 20 Jan 2015
  • Credit Suisse moves fixed income bosses as Corson takes “blue sky” role

    Credit Suisse has reshuffled senior members of its fixed income department, freeing up Chris Corson, the former global head of emerging markets, for a role understood to be about “blue sky thinking across the business”.

    • 19 Jan 2015
  • Fresenius quick to cut loan margins after winning investment grade

    Fresenius, the German kidney dialysis company, has seized the day, launching a loan refinancing project of around €3bn only two days after Standard & Poor’s upgraded it to investment grade.

    • 19 Jan 2015
  • Giles Borten joins ANZ’s big push

    Giles Borten, former head of EMEA levfin at UBS, has joined ANZ as global head of funds and insurance.

    • 19 Jan 2015
  • Reginald D Hunter Rex and the birth of loan awards tragedy

    When a loans banker starts talking about comedy nights lingering in the memory either for being really great or really terrible, GlobalCapital has grown used to the name Reginald D Hunter following soon afterwards. So it was with some trepidation last week that Loan Ranger witnessed a re-opening of that old can of worms.

    • 19 Jan 2015