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More robust growth expected in 2026
German promissory notes come into their own in times of stress
Even leveraged deals still being underwritten, though banks are selective
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The Swiss company’s refinancing has support from more than 30 banks
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The financing takes place the same week as its €750m bond offering
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Lenders say project finance economics are working once more
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Arranging a cheap loan in return for lucrative ancillary business is a tougher sell
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Sustainability-linked revolver refinanced two years early
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Loan comes after the company prints debut $1bn hybrid bond last week