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Funding follows National Wealth Fund investment
British-German publisher is a first-time Schuldschein issuer
Lenders believe year ahead may not be as robust unless event-driven M&A takes place
London-based hire will also work on financing for infra sector sponsors
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Nestor Paz-Galindo has become global co-head of M&A at UBS, replacing Greg Peirce, with Philipp Beck succeeding him as head of M&A for Europe, the Middle East and Africa. -
Traton, a German Volkswagen subsidiary that makes commercial vehicles, has signed its debut syndicated revolver, as the company looks to support its recently granted investment grade credit ratings.
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The National Football League, the professional American football league in the US, has sold $1.7bn of private placements, according to market sources, to help steer the organisation through the coronavirus.
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Frankfurt Trade Fair, the events organiser and world’s largest trade fair, is looking to issue Schuldscheine, according to market sources, for the first time in its 800 year history. The events industry has suffered through the pandemic, as organisers have had to postpone or cancel conferences, or reproduce them digitally, as a result of lockdowns.
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Volotea, the Spanish budget airline, has signed a €150m syndicated loan backed by the state, as the Covid-19 battered aviation industry struggles to get going again after a series of devastating blows.
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Supermarket Income REIT, a UK grocery property investment company, has signed a £60m revolving credit facility, as sterling loans see a bump in demand.
