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More companies considered IG could lead to more financing through private markets
Major private credit investors aspire to more as funding from private debt seeks to go mainstream
After meeting annual budgets in H1, loans bankers are hopeful a strong end to the year will count towards 2026
Private credit is muscling in on investment grade credit. But the acid test will be whether it can compete on price
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Voltalia, a French renewable energy company, has signed a €170m sustainability-linked loan, with the deal adding to the growing trend of second party opinion providers becoming a central part of ESG finance.
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BNP Paribas has retained its place at the top of the EMEA loan league table for the first half of 2021, but its market share is much smaller than for the same period last year.
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Hong Kong jewellery company Chow Tai Fook has received strong support for its latest loan, allowing it to almost double the deal size.
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UK listed construction materials manufacturer Breedon has closed £250m-equivalent worth of US private placements in euros and sterling, according to market sources.
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Oriola, a Finnish health and wellbeing company, has signed a €140m revolving credit facility, with the company adding sustainability targets to its bank debt for the first time.
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Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.