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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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The 2019 loans market is raring to go, but lending officials say that the leveraged loan market needs some strong deals right away to ease the hangover lingering from last year. -
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.
