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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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BNP Paribas has hired a banker from SMBC to fill the vacant position of head of US private placements.
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Irish Residential Properties REIT (Ires Reit) has bumped up the size of its bank facility to €600m, as the residential rental accommodation investor moves ahead with an acquisition.
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China General Nuclear Power Group has opted for a green loan for its first offshore syndication in almost 30 years. Despite tight pricing, the $500m fundraising is expected to receive a warm welcome from bank lenders who are eager to lend to a state-owned company with strong credentials, writes Pan Yue.
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Electrocomponents, an industrial and electronics distributor headquartered in London, has entered the US private placement market to refinance existing notes, according to sources in the market.
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Germany’s Deufol has signed a new five year syndicated facility, with the packaging company managing to cut the margin on its bank debt by around 25bp.
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European loan volumes have plunged by around 46% year-on-year, ramping up the strain on loan desk budgets for the second year in a row.