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Munich-based company's deal is one of five launched this month
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
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The UK’s Endava has signed a new £200m-equivlanet multicurrency facility, with the software development company swapping a bilateral loan for syndicated lending. -
China Lesso Group has increased a four year borrowing to around $1.1bn, after attracting 16 lenders during syndication.
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BAC International Bank has returned to the loan market, seeking $100m from a global syndicate.
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Germany’s ZF Friedrichshafen set final terms on a multi-tranche €2.7bn bond on Monday, with the car parts maker seeing far more demand at wider spreads than where it raised a similar amount in the Schuldschein market in recent weeks.
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Bureau Veritas, the unrated certification agency headquartered in Paris, has entered the US private placement, according to market participants.
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Anglo-Australian firm BHP Group has trimmed down the size of its revolving credit facility, with the mining and extraction multinational agreeing a $5.25bn deal with lenders.
