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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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US private placement (US PP) investors hailing from the United States are ramping up competition for sterling PP deals, as swap costs dwindle and key comparables in US markets tempt those buyers across the pond. Silas Brown reports.
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Oil companies Saudi Aramco and Total signed an engineering and design contract on Monday to build a $9bn petrochemical complex on Saudi Arabia’s east coast.
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Yuexiu Real Estate Investment Trust, a subsidiary of Yuexiu Property Co, is tapping the offshore market for a HK$2.8bn ($357m) loan.
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London-listed Starwood European Real Estate Finance has added two years to the maturity of its sterling revolving credit facility, as Western European loans bankers get settled in for months of amend and extend exercises running up to year end.
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Newlon Housing Trust, a north and east London housing association rated A3 by Moody's, has returned to the US private placement market, raising £135m.
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Ireland’s CDB Aviation has signed a $700m secured portfolio financing facility from eight banks, as the company looks to diversify its funding sources.