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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
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The UK’s Emmerson is in talks of a project finance loan of up to $230m, with the deal for the potash extraction company expected to be syndicated among a handful of commercial banks and export credit agencies.
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China General Nuclear Power Group is tapping the international loan market for a $500m deal after an absence of almost 30 years.
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A unit of China National Chemical Corp (ChemChina) has returned to the loan market for a two-tranche borrowing of €550m.
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UBS has hired Régis Turrini as head of France for corporate client solutions.
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Mitsubishi UFJ Financial Group has appointed a banker from Santander to lead its sector coverage for the technology, media and telecommunications (TMT) industries in Europe, the Middle East and Africa.
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The US’s Occidental Petroleum has completed an $8.8bn loan and is raising a $13bn bridge to back its $57bn purchase of Anadarko Petroleum, with a bevy of lenders getting in on the action.