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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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Andrew McNaught will lead BNP Paribas’ UK advisory team from the end of the month, as the French bank plans to develop its corporate operations in the country “further, faster”.
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A loan backing Rank Group’s £115.3m acquisition of Stride Gaming is expected to come to the market before the end of August.
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Banks are racing to expand their sponsors coverage teams as they fight to remain relevant to private capital providers at a time of disintermediation in investment banking. By David Rothnie.
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Ireland’s Keywords Studios has signed a new revolving credit facility of up to €140m, increasing its bank line as the video games studio remains on the hunt for acquisitions.
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London-listed Resolute Mining has agreed to buy Senegal’s Toro Gold for $274m, with the acquisitive company planning to turn to its syndicated lenders to refinance the bridge debt linked to the purchase.
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China Lesso Group Holdings has mandated nine banks for a $900m loan.