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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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UK homebuilder Taylor Wimpey has amended and extended its £550m credit line, doubling the weighted average life of its committed facilities in the process.
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The Euro private placement market might lose some of its smaller borrowers to crowdfunding and technology platforms that offer low cost, speedy loans, market participants observe. But not all in the Euro PP market are gloomy about it.
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Hammerson, the UK property company, has agreed terms on a new £1.5bn three year credit facility, which it will use to refinance the debt of acquisition target Intu and lower its interest payment costs.
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Tata Sons is poised to end a decade-long absence from the syndicated loan market when it launches a $1.5bn transaction later this month.
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Fresh doubt has been cast on whether the record-breaking $100bn loan package for US chip maker Broadcom will come to fruition, after a US national security committee took the unusual step of issuing a public warning against the acquisition that the funds will finance.
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Technopolis, the Finnish office space company, has signed a €518m multi-tranche loan, swapping most of its bilateral bank debt lines for syndicated funding.