Investment Grade

  • PP market awaits Anglian Water with bated breath

    PP market awaits Anglian Water with bated breath

    Anglian Water has announced its intention to issue a fresh private placement under a new financing structure. Utilities, once stalwarts of the market, have been few and far between in the last 18 months as PPs have struggled to compete with public bonds on price.

  • European loan market welcomes fintech opportunity

    European loan market welcomes fintech opportunity

    The majority of Europe’s syndicated loan market thinks it does not know enough about the financial technology that is likely to affect its business, according to a recent survey. But no respondents to the survey saw fintech as a threat.

  • German energy storage firms turn to loans

    German energy storage firms turn to loans

    German energy storage companies populated the loan market this week, with battery maker Varta and solar cell company Meyer Burger raising €420m between them.

  • Naturgy A&E doubles euro revolver size

    Naturgy A&E doubles euro revolver size

    Naturgy Energy, the Spanish gas and electricity utility, has doubled the size of its revolving credit facility in an amend and extend exercise, the latest demonstration that the balance of power in the loan market remains firmly on the side of the borrowers.

  • Mann+Hummel blends green and sustainability-linked SSDs

    Mann+Hummel blends green and sustainability-linked SSDs

    In an innovative step for the Schuldschein market, German filter maker Mann+Hummel is marketing a deal that is both green and sustainability-linked. Several sources have said this could prompt more issuers to use this type of hybrid structure.

  • Breedon debuts in private placement mart

    UK listed construction firm Breedon has launched a private placement deal, according to market sources, making it one of the first UK companies to hit the market this year.

  • Meyer Burger energises expansion with bank debt

    Meyer Burger energises expansion with bank debt

    Meyer Burger, a German engineering company that makes cells for solar energy, has signed a €185m partly state guaranteed bank facility, that comes with a disbursement clause that locks the company into raising another €100m by this time next year.

Investment grade loans news archive