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In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Market stress so far confined to consumer credit and SMEs across region
Tighter margin loan a 'sign of things to come' for infrastructure lending
Helaba promoted from MLA to bookrunner while RBC sits out
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DeA Capital Real Estate has signed an €85m green loan, which lenders say is the first in the Italian property sector.
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Several US private placement agents have told GlobalCapital that their market is finally starting to take sustainable financing seriously. But while there is an evident buzz, most feel that anything tangible, such as pricing advantages prompted by dedicated environmental, social and governance-focused funds, is still far off.
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Denmark's Torm has signed $496m of bank loans, as new regulations affecting the global shipping industry take hold.
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Arrangers are confident that a wave of international issuers will enter the Schuldschein market soon, with German borrowers having kick-started proceedings at the beginning of the new year.
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UK defence company BAE Systems announced its biggest acquisition for more than a decade on Monday, as analysts and bankers said last year's M&A slowdown was over and the floodgates were open for big volumes in 2020.
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Tim Metzgen is leading a new European debt advisory franchise at Alvarez & Marsal.