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Deutsche enters banking syndicate, ING and Commerz sit out of fresh transaction
Banks back increase of the offer's cash component for Tim by almost a fifth as uptake lags
HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
Deal refinances €1.5bn transaction from 2022 while providing new money and is sustainability-linked
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The Swiss company’s refinancing has support from more than 30 banks -
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
