Investment Grade

  • Train lessor Akiem sells green private placements

    Train lessor Akiem sells green private placements

    French train lessor Akiem has issued €290m of green US private placements, joining the likes of LondonMetric, Montea and King's College in drawing the market further into green and sustainable finance.

  • ChemChina opts for bilateral loans to raise $3.85bn for refi

    ChemChina opts for bilateral loans to raise $3.85bn for refi

    China National Chemical Corp (ChemChina) is raising multiple bilateral loans worth about $3.85bn to refinance a deal maturing in early May, ditching syndication in favour of one-on-one agreements with banks. But while the cost benefits may be appealing, such an approach by borrowers is unlikely to be sustainable in the longer run. Pan Yue reports.

  • JP Morgan provides €3.5bn for controversial football Super League

    JP Morgan provides €3.5bn for controversial football Super League

    JP Morgan has emerged as the lender to a new Super League in European football. The US bank is committing to provide at least €3.5bn in debt for infrastructure projects, in the biggest shake-up of the world’s most popular sport in a generation. While highly controversial and not short of criticism, the new league will make its founding clubs more attractive investments.

  • PTPN signs loan extension

    PTPN signs loan extension

    Indonesia palm oil company Perkebunan Nusantara III (PTPN) has signed an extension agreement for a $390.6m loan after almost a year-long discussion with banks.

Investment grade loans news archive