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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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Two banks are understood to be working on a financing to support Tata AutoComp Systems’ acquisition of an engine cooling supplier. -
In light of the LMA’s 20th anniversary, the Ranger would like to say that no matter how times change and irrespective of any fancy products challenging the norm, the loan will always be dear to us.
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A dual currency acquisition financing for Indian company Intas Pharmaceuticals’ purchase of a portfolio of assets in the UK and Ireland, was launched into senior syndication last week. The trade offers banks two titles, including that of mandated lead arranger and bookrunner.
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Now in its 20th year, the Loan Market Association (LMA) faces tough paths to climb such as navigating the UK’s exit from the European Union, but the organisation is confident that its English law documentation will still hold its own.
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Dutch construction company Royal BAM Group has refinanced a €417.5m revolving credit facility due to mature in 2018, with a smaller loan of €400m with tighter pricing, after printing a €125m convertible bond in June.
