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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
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German promissory notes come into their own in times of stress
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One of the most promising vehicles for moving the financial system on to a greener path – risk management – is gathering momentum. -
Lonza, the Swiss pharmaceutical ingredients and dosing methods supplier, has closed an €870m-equivalent dual tranche Schuldschein loan, refinancing debt backing its acquisition of US drug capsules maker Capsugel.
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Coface, the French trade credit insurer, has signed a €700m syndicated loan facility with a group of six banks.
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German gas network operator Vier Gas has signed a new €600m five year revolving credit facility, marking the end of an over three year absence from the credit markets.
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India’s market regulator has asked listed companies to disclose any default on bank loans within one working day from the date of the missed payment, in a move to tackle the country’s bad loan problems.
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Dairy producer Meggle has joined the ranks of green Schuldschein borrowers, launching a €50m triple tranche deal partly funded through green borrowing.
