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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 FEV Group has signed a €275m five year revolver, with the engine design firm refinancing an old deal and increasing the size of its bank debt in the process. -
Sweden’s Gränges has signed $391m-equivalent of loans in krona and dollars, as the rolled aluminium company refinances a US acquisition bank facility.
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The UK’s McKay Securities has signed a £180m revolving credit facility, with the office and industrial REIT switching its bilateral loans for a bigger syndicated deal.
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Austrian plastics maker Borealis has returned to the Schuldschein market, seeking euros and dollars.
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Bank of Communications Financial Leasing is tapping the offshore loan market for $200m green loan, just one month after it launched an onshore facility.
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Jonathan Wilcox has left his role as head of UK investment banking at Jefferies, according to a source familiar with the matter.
