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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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Lufthansa, the German airline, entered the Schuldschein market on Tuesday, only accepting orders from lenders bidding via online marketplace VC Trade. Participants are watching closely, to see whether investors will be persuaded to move into a digital world.
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The lacklustre EMEA high grade loan market saw a ray of hope on Thursday, when president of the European Council Donald Tusk called for a “long extension” to the UK’s Brexit deadline.
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Commercial banks have been flexing their muscles in the Schuldschein market, with three international deals being marketed without a Landesbank in sight.
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The lacklustre EMEA high grade loan market was witness to a piercing ray of hope from Donald Tusk, president of the European Council and prime minister of Poland on Thursday, when he called for a “long extension” to the UK’s Brexit deadline.
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Lufthansa, the German airline, entered the Schuldschein market on Tuesday, only accepting orders from lenders bidding via tech platform, VC Trade.
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A pair of UK companies have refinanced their revolving credit facilities, as loans bankers insist there is plenty of activity going on behind the scenes.