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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
German promissory notes come into their own in times of stress
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The UK’s Inspired Energy, an energy procurement adviser, has signed a £60m facility from two lenders, as some loans bankers say the best way to deal with the shifting Brexit goalposts is to keep pushing ahead with sterling deals.
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Radius Housing has become the first housing association from Northern Ireland to raise US private placements, selling £105m to fund social housing developments.
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Philippine conglomerate San Miguel Corp has launched its $1.75bn loan into general syndication, after one bank joined as a mandated lead arranger and bookrunner during the senior phase.
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Large Schuldscheine are being lined up for the first quarter of next year, arrangers said, with investors reaching their lending limits for the year. But there are still deals numbering in the double digits to be done by Christmas.
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The UK’s International Consolidated Airlines Group (IAG) has agreed to a debt-backed deal to buy Spain’s Air Europa for €1bn, in an acquisition that has already prompted the boss of competitor Ryanair to say he will call on authorities to scrutinise the deal closely.
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The bidding war for UK food delivery service Just Eat took a fresh turn on Monday, with initial suitor Takeaway.com lowering the threshold for approval as it looks to fight off rival bidders.