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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
German promissory notes come into their own in times of stress
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Austrian paper and packaging firm Mayr-Melnhof Karton, called MM Karton for short, has launched a Schuldscheine, with an initial target of €300m. -
Schroder UK Public Private Trust, an investment trust, has extended its sterling bank line, as loans bankers said they are seeing a steady stream of amend and extend requests from borrowers.
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Energean, the London-listed oil and gas company, has signed a $700m loan to develop a gas field off the shore of Israel, as the company enters the final stretch in having the field up and running.
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Volvo Cars, the Chinese-owned Swedish auto maker, has refinanced its main bank revolver with a €1.3bn sustainability-linked revolving credit facility, as the borrower looks to become climate neutral by 2040.
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Beijing Enterprises Clean Energy Group has made a quick return to the loan market after five months, seeking a $150m deal in general syndication.
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Bluefield Solar, the UK solar investment fund, has financed an £89m acquisition of a 70 MW plant using a revolving credit facility, with the borrower also amending terms on the bank debt.
