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Heavy pre-financing in 2025 may be depressing activity
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
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Kingboard Chemical Holdings took out HK$5.5bn ($704.4m) from the syndicated loan market this week, after bringing in nine banks as bookrunners on top of the two original lead banks.
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Tata Motors’ £640m ($839m) refinancing has been launched into general syndication after the senior phase was completed this month.
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Crane maker Konecranes raised €150m with a debut Schuldschein on Monday, as the Schuldschein market aims to set a new yearly record.
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Yes Bank has dipped its toes into the Japanese Samurai loan market for the first time to raise ¥16.5bn ($150m), placing it among a handful of Indian firms that have tapped into yen liquidity. The move could inspire other Indian financial institutions to follow — provided the pricing advantage holds. John Loh reports.
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Greatship (India) and Sino Horizon Holdings are in the market with their latest financings, each offering three ticket levels.
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Some 17 banks have pledged roughly €15bn in a bridge loan to support Hochtief's bid for Abertis, the Spanish toll road operator.