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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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Schroders says it is the first asset manager to link its revolving credit facility to environmental, social and corporate governance metrics, as the financing structure continues to find widespread use in the high grade loan market.
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JP Morgan has appointed Alex Watkins as head of equity capital markets for the UK, replacing Nicholas Hall. Meanwhile, the bank has picked a new head of its consumer and retail sector coverage team for UK investment banking.
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Alvaro Estevez has joined JP Morgan from Bank of America, in order to lead a team that works with large multi-national companies.
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Dutch firm Prosus made a debt-backed hostile bid of around £4.9bn for online food delivery company Just Eat on Tuesday, with the target's board quickly rallying to reject the unsolicited offer.
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Australian medical centre operator Sonic Healthcare has raised $550m of US private placements (PPs) across three tranches, as Australian borrowers solidify their position as a key source of growth for the market.
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Celia Murray has been appointed as head of M&A and corporate finance for the UK at JP Morgan.