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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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Panera Bread, the US chain of bakery cafes, received $200m from six lenders this week as it served up healthy financial results on Tuesday. -
Mars Inc, the US confectionery and pet food firm, is seeking $5bn for a five year term loan as it narrows in on its acquisition of VCA, an animal healthcare company.
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China Grand Automotive is looking for a $591m equivalent syndicated loan facility, less than two months after it raised funds from the bond market.
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The speed and success of Sibanye Gold in closing a loan to back its acquisition of US palladium miner Stillwater, has put South Africa in focus for bankers amid talk that two other acquisition deals out of the country could follow soon.
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Star Energy Geothermal has enlisted three lenders for a $660m dual tranche loan that will go partly towards funding the company’s purchase of a stake in Chevron’s Indonesian assets.
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BCA Marketplace, the European used-car marketplace, signed a £500m four year loan on Monday to refinance both a term loan and a revolving credit facility.
