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Eight banks provided loan facility to company
Heavy pre-financing in 2025 may be depressing activity
Pharmaceuticals and energy transition also ripe sectors for M&A
Munich-based company's deal is one of five launched this month
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Big deal joins light supply in January -
Bankers say deals are still being launched and believe international rivalry can be negotiated
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Banks accept some deals will bypass them — others they can intermediate
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Sectors shape up as main sources of corporate syndicated lending demand amid renewed geopolitical uncertainty
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New twist in Hollywood acquisition as Netflix adds $5bn revolver and $20bn of term loans
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Company retains same roster of banks that provided last loan
