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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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Germany’s Infineon Technologies has wrapped up a bank financing package totaling around €9.5bn-equivalent for its acquisition of the US’ Cypress Semiconductor Corp, with an army of banks joining the semiconductor maker’s deal.
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CapitaLand has raised a sustainability-linked facility of S$150m ($110m) with Crédit Agricole, just nine months after closing a larger deal with DBS.
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Beijing Jingneng Clean Energy is offering a slightly higher margin on a new HK$3bn ($385m) loan, compared to a green loan sealed last year.
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Two UK housing associations have hit the loan market, with Sovereign signing its first unsecured revolving credit facility and Hyde bringing two facilities totalling £350m.
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Louis Dreyfus Asia has priced its $500m three year revolving credit facility at the same level as its last loan from 2018.
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Hong Kong-listed pharmaceuticals company United Laboratories International Holdings is tapping the loan market for a HK$1bn ($128m) deal, almost six years after cancelling a smaller facility.