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JD Sports, the UK athletic wear company, has agreed a new revolving credit facility underwritten by existing relationship banks Barclays and HSBC to finance its approximately $558m acquisition of the US’s Finish Line. -
Michelin, the French tire maker, has had a £1.2bn ($1.96bn) bridge loan underwritten and arranged by Morgan Stanley to finance its purchase of UK industrial belting manufacturer Fenner.
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The UK government has waded into Melrose’s hostile bid for engineering firm GKN, seeking assurances from the industrial conglomerate that it plans to protect UK jobs should the deal go ahead, in the latest hurdle for the £7bn-plus debt-financed acquisition.
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JD Sports, the UK athletic wear company, has agreed a new revolving credit facility underwritten by existing relationship banks Barclays and HSBC, to finance its $558m acquisition of the US’s Finish Line.
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Michelin, the French tyre maker, has got a £1.2bn bridge loan underwritten and arranged by Morgan Stanley to finance its purchase of UK industrial belting manufacturer Fenner.
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Singaporean agricultural company Olam International has raised a three year sustainability-linked $500m revolving club loan, the first of its kind in Asia.
