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Eighteen year facility backed by EIFO comes as interest in energy infrastructure mounts
New facility smaller than the original but 20% larger than the launch amount
In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Market stress so far confined to consumer credit and SMEs across region
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Goodyear — INPP — Lagardère — Archroma — Imperial Mobility
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Goodyear Dunlop Tires Europe has amended its European revolving credit facility and increased it from €400m to €550m.
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Reliance Jio Infocomm, which wrapped up a $1.5bn dual tranche loan in November, has signed a $750m 12 year facility backed by Korea Trade Insurance Corporation (K-sure).
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Huawei Technologies has launched its $1.2bn five year fundraising into general syndication, after firming up 12 mandated lead arrangers and bookrunners.
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French media group Lagardère has refinanced a €1.25bn credit facility and replaced one of its relationship banks.
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FedEx has obtained a €2bn loan to buy its European competitor TNT Express, but will also finance the deal with balance sheet cash.