Investment Grade

  • Pimco names new head of European private credit

    Pimco names new head of European private credit

    Global investment firm Pimco has hired a new portfolio manager and managing director, who will serve as head of private credit in Europe. With this hire, Pimco is looking to bolster its special situations business in Europe.

  • Iberdrola turns to ICO for fourth green loan

    Iberdrola turns to ICO for fourth green loan

    Iberdrola, the Spanish energy company, has signed another green loan from Instituto de Crédito Oficial, months after getting financing from the lender for other renewables projects.

  • Job loss fears rampant as pandemic pummels corporate debt volumes

    Job loss fears rampant as pandemic pummels corporate debt volumes

    Despite the financing that two jumbo acquisitions revealed this week would require, loans bankers fear that with no end to the coronavirus pandemic in sight and entire industries reeling from the fallout of lockdown, their jobs will soon be on the line. Mariam Meskin and Mike Turner report.

  • RBC looks for another lift after 10 year build

    RBC looks for another lift after 10 year build

    RBC Capital Markets’ expansion in European investment banking came in the aftermath of the global financial crisis. A decade on, the coronavirus pandemic has presented it with a very different set of challenges.

  • SSD bankers push back against troubled borrowers

    SSD bankers push back against troubled borrowers

    Schuldschein arranging banks have long claimed to be the market's gatekeepers as far as borrowers looking for access are concerned, rejecting lower quality credits to keep the standard high. As the market expanded in recent years and a richer variety of companies borrowed from it, this became a less convincing claim. But as the coronavirus pandemic rocks Europe, Schuldschein bankers say they have declined several requests from companies from risky sectors.

  • Geox finds fit for ECA-backed loan

    Geox finds fit for ECA-backed loan

    Geox, the Italian shoe company, has signed a €90m export credit agency backed loan, days after the company announced a business restructuring of its North American operations.

Investment grade loans news archive