Top Section/Ad
Top Section/Ad
Most recent
Big deal joins light supply in January
Bankers say deals are still being launched and believe international rivalry can be negotiated
Banks accept some deals will bypass them — others they can intermediate
Sectors shape up as main sources of corporate syndicated lending demand amid renewed geopolitical uncertainty
More articles/Ad
More articles/Ad
More articles
-
Cavotec, the Swiss maritime engineering group, has refinanced its €95m revolving credit facility with a new bank line, a month after reporting a more than 20% hit to its revenues from the coronavirus pandemic. -
Borrowers across EMEA are pivoting further towards bilateral lending, which is proving a source of comfort as market conditions squeeze companies out of the syndicated loan market.
-
Bank lenders are trying to reach an agreement with scandal-rocked Wirecard to renew as much as €2bn of loans, after the beleaguered German payments company breached its terms on Friday when it failed to produce audited financial results. According to several sources familiar with the situation every lender needs to sign off on the new deal, otherwise Wirecard may have to pay the entire loan back.
-
Gunvor, the Swiss commodity trader, has signed a €450m sustainability-linked facility, pushing its environmental, social and governance-linked bank lines signed this year up to almost €1.1bn-equivalent.
-
French aerospace and defence company Safran has closed a large US private placement, according to market sources, of €566m-equivalent in euros and dollars.
-
Far East Horizon, a Hong Kong-listed financial services firm, has launched a $1bn loan into general syndication.
