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
-
British American Tobacco has signed the first multicurrency revolving credit facility that uses a variety of risk-free rates as benchmarks, potentially clearing a hurdle that loan market participants have long said was hindering the transition from Libor. -
Loans bankers are expecting their relationship clients to start leaning more heavily on their banks, but an arcane and little used clause found in many lending contracts means that banks might be able to demand early repayment or stop further lending.
-
UK Chancellor Rishi Sunak did not change the lending levels for local authorities in his Spring Budget — apart from cuts to borrowing costs for social housing projects — keeping alive the prospect of capital markets providing UK councils with a cheaper financing alternative.
-
The coronavirus will depress mergers and acquisitions activity, hurt advisory revenues and change the emphasis of deal-making in 2020, writes David Rothnie.
-
Several loans bankers have said that the difference between the volatility prompted by the spread of Covid-19 and previous market shocks is that banks are better capitalised this time around, so key clients should have enough to support to help them through tricky times.
-
One of the internal candidates to become the next permanent head of European M&A at RBC Capital Markets has quit to join a boutique.
