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Discovery Communications has agreed a $9.6bn bridge loan for its $14.6bn cash and stock acquisition of fellow US media corporation, Scripps Networks Interactive, as recent mergers and acquisition deals push US loan volumes up.
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A veteran loan syndications banker at Citi in India is understood to have quit to take up a bigger role in Standard Chartered.
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Hong Kong-listed Beijing Properties (Holdings) has approached banks for a $200m fresh money syndicated loan.
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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.
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Discovery Communications has received a $9.6bn bridge loan for its $14.6bn cash and stock acquisition of fellow US media corporation, Scripps Networks Interactive.
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State Bank of India’s new $750m five year financing has been launched into syndication after a 10-strong bookrunner group funded the transaction.