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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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Freudenberg, the German industrial conglomerate, has signed a €500m revolving credit facility, as European lenders say that refinancing facilities are expected to take up a large portion of their time for the rest of the year. -
Siemens Energy, the German power company, has signed a €3bn sustainability-linked loan, weeks before it is due to be spun off from its parent company.
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Avic International Leasing Co has returned to the market for a $45m loan to support its purchase of two ships.
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Oryx Stainless Group, a Dutch stainless steel company, has signed an €80m syndicated loan, refinancing a larger deal and moving some of its borrowing into Thai baht, in a rare secured borrowing base facility in the southeast Asian country.
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Liberty Global's subsidiaries have priced two sets of term loan 'B's to support its $7.4bn acquisition of mobile phone company Sunrise, less than a year after the latter’s plans to acquire Liberty’s subsidiary UPC fell through.
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Great Portland Estates, the UK real estate investment trust, has sold £150m of US private placements.
