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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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Indian Oil Corp is in the market with a $1.3bn financing, in yet another sign the country’s famously stingy borrowers are allowing pricing to inch up.
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France’s Nexans has amended its €600m revolving credit facility, as loans bankers reiterate that many amend and extend exercises happening now are refinancing operations by a different name.
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Spain’s Aena has signed an €800m sustainability-linked revolving credit facility, which the arrangers claim is the world’s first deal of its kind for an airport operator.
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BNP Paribas managing director Ravina Advani has been appointed head of energy, natural resources and renewables in the firm's coverage division.
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The Green Loan Principles (GLP) have been updated to include input from the US industry body the Loan Syndications and Trading Association (LSTA), with the green lending framework now including language about revolving credit facilities.
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GlobalCapital Asia has spent the last two months talking to banks and their clients in a bid to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2018. We are pleased to begin our awards announcements in the loan market.