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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
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GlobalCapital revealed the winners of its annual Syndicated Loan and Leveraged Finance Awards at its Loan Awards Dinner at London’s Sheraton Grand Hotel on Park Lane on February 11. The Awards included GC's new Private Debt Awards. The full results are below. GlobalCapital congratulates all the winners and nominees.
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The UK’s Gerald Group has signed its annual dollar revolving credit facility, with the metals trader growing the size of its banking group and increasing the size of its deal to $253.5m.
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Danish aircraft lessor Nordic Aviation Capital has sold $858m in US private placements, according to market sources, which is the largest PP issue by an aircraft lessor in the history of the market. UK-based energy yieldco Atlantica Yield has also issued US private placements.
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Luxemboug's Clearstream Banking has refinanced its $3bn short term letter of credit facility, making the deal for the branch of the international central securities depository the second biggest investment grade syndicated loan in Europe so far this year, according to Dealogic.
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Right Lane, a wholly-owned subsidiary of Chinese conglomerate Legend Holdings, has returned to the market for a $350m loan.
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Peter Glaser will become sole head of European direct lending at Alcentra, as his former co-head Graeme Delaney-Smith is leaving the firm for retirement. Alcentra has also hired two senior people for its origination team.