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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 Rheinmetall is in talks to buy a stake in Dutch defence company KNDS, as the European defence sector tries to shelter from the fallout of Brexit. -
Bank of China’s Singapore arm is marketing a loan for Ethoz Group, in what appears to be the first time the lender will lead an onshore syndicated financing in Singapore dollars.
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Semen Indonesia has launched senior syndication for a $1.28bn loan that will be used to buy the local operations of rival LafargeHolcim.
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Mercuria Energy Group bagged a bigger-than-expected $1.35bn from its latest annual revolver in Asia, after 36 banks joined the deal.
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French car parts supplier Faurecia has launched a Schuldschein expected to reach a size around €400m to €500m, as attractive euro and dollar spread ranges are planted to attract a wide group of lenders.
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Electricité de France has extended and amended its €4bn revolving credit facility to link it to environmental, social and governance (ESG) standards, as green-centric loans continue to gain traction among borrowers.
