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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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Traxys, the Luxembourg-headquartered commodity trader, has signed a $1.33bn-equivalent revolving credit facility, adding lenders to its already hefty bank syndicate.
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China Mengniu Dairy Co has raised a HK$2.3bn ($296m) green loan from a group of three banks.
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Sucafina, a Swiss coffee company, and Suelzle Holding, a German steelmaker, have signed sustainability-linked loans, and bankers say there are more from the region coming to fruition.
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Sucafina, a Swiss coffee company, has signed a $500m sustainability-linked borrowing base facility, as a small wave of deals from the German speaking region come to fruition.
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Suelzle Holding, a German steel maker, has signed a €140m revolving credit facility, as lenders say there are a handful of similar deals in the works for borrowers in the German speaking region.
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Safestore, the UK listed self-storage company, has issued £150m-equivalent of US private placement debt.