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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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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.
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Altana, a German speciality chemicals company, has moved its main bank line to a sustainability-linked structure, with the borrower negotiating a margin in line with its pre-coronavirus pandemic levels.
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Indian Oil Corp is planning a return to the syndicated loan market after almost three years, sending out a request for proposals for a new borrowing.