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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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A $300m three year fundraising for pharmaceutical company China Medical System Holdings has generated a strong response, with 24 banks forming the syndicate. -
Invitations are out for a HK$2bn ($256m) three year loan for a unit of China Forestry Group Corp.
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EuroChem — Coface — Open Grid Europe — Rakbank
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Indian borrowers are increasingly raising offshore loans with tenors of five to seven years, in a bid to smooth out their maturity profiles and avoid a massive debt overhang. The shift comes at the right time, as international lenders slowly warm up to longer-dated deals, writes Shruti Chaturvedi.
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Two further Schuldschein deals at least doubled in size this week after Lonza's bumper earlier deal, as the market eclipsed its issuance level for the whole of 2016.
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US payments processor Vantiv has signed a $1.6bn term loan with a trio of banks for its £9.3bn merger with UK peer Worldpay.
