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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 crude oil refiner affiliated to Sinochem Group has made its debut in the international syndicated loan market for $110m, with a view to expanding its overseas banking relationships. -
Samsonite International has refinanced credit facilities totalling $2.4bn that were originally raised to fund its acquisition of premium luggage maker Tumi last year.
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MET Group, the Swiss headquartered multinational energy firm, closed a €560m dual-tranche revolver on Wednesday evening that bankers said will be used to shore up its enterprises in eastern Europe.
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A euro deal is imminent for India’s Motherson Sumi Systems (MSSL) as it completes its acquisition of Finland’s PKC Group.
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A $1.75bn borrowing for Indian conglomerate Reliance Industries has been opened into general syndication with a 19-strong banking group at the top.
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Brenntag, the German chemicals distribution company, extended and improved its syndicated loan financing on Tuesday. Its intention was to lengthen maturity profile, but strong conditions and improving credit documentation allowed the borrower to cut interest margins as well.
