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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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Germany’s Stadtwerke München has amended its €500m revolving credit facility to add a sustainability element, as the nascent loan structure starts making further inroads with the country's borrowers.
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France’s Eiffage has doubled the size of its revolving credit line to €2bn, with the civil engineering construction company becoming the latest name to add social and environmental language to its loan documentation.
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Union Bank of the Philippines has returned to the offshore loan market, having been absent for more than 20 years.
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Asset manager Pemberton has opened an office in Denmark to expand its European business.
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Indonesian power company Perusahaan Listrik Negara has returned to the offshore market seeking a $1bn borrowing.
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Export-Import Bank of Malaysia is tapping the offshore loan market for a $300m Islamic borrowing.