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Pharmaceuticals and energy transition also ripe sectors for M&A
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
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European banks crowd CCI loan - Cofinimmo bumps up revolver size - Red Eléctrica gets debt for Hispasat buy - Wilmington brings in Bank of Ireland for refi - HTM Sports enters Schuldschein market for euros and dollars - Porterbrook sends out RFP for US PP return - EGPC bounces back into market, launches syndication
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The UK’s Wilmington has renewed its sterling revolving credit facility, with the digital business publishing house switching out one of its lending banks in the process.
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UK train leasing firm Porterbrook has sent out requests for proposals to US private placement agents, for a prospective return to the market.
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Three senior staff from Aviva Investors have left the institution to launch a private debt fund focused on impact investment at Eiffel Investment Group.
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Spain’s Red Eléctrica Corporación has signed a €500m revolving credit facility to part finance its acquisition of compatriot communication satellite company Hispasat.
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NatWest Markets has signed the first Sonia-linked loan for a UK corporate, and in doing so the bank is a clear stand-out in a market desperate for a solution to sterling loan worries.