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Delta Fiber, a Dutch fibre optics company, has secured a credit line of up to €2bn, it announced on Monday. The loan carries a tenor of seven years.
The Bankers Investment Trust, a London-listed investment trust which traces its origins back to 1888, has sold a £74.5m-equivalent private placement. While there are slim pickings for PP investors looking to lend to financial institutions in Europe, investment trusts have provided a steady stream of opportunities.
Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.