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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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Private debt loans in brief Mercon brews sustainability loan Transocean digs into more revolver liquidity Munich’s public service arm switches to sustainable loan
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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.