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Banks back increase of the offer's cash component for Tim by almost a fifth as uptake lags
HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
Deal refinances €1.5bn transaction from 2022 while providing new money and is sustainability-linked
The German toy production company doubled the size of its RCF but maintained its banking consortium
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Heavy pre-financing in 2025 may be depressing activity -
Pharmaceuticals and energy transition also ripe sectors for M&A
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Munich-based company's deal is one of five launched this month
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Big deal joins light supply in January
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Bankers say deals are still being launched and believe international rivalry can be negotiated
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Banks accept some deals will bypass them — others they can intermediate
