Top Section/Ad
Top Section/Ad
Most recent
Big deal joins light supply in January
Bankers say deals are still being launched and believe international rivalry can be negotiated
Banks accept some deals will bypass them — others they can intermediate
Sectors shape up as main sources of corporate syndicated lending demand amid renewed geopolitical uncertainty
More articles/Ad
More articles/Ad
More articles
-
UK small and medium sized enterprises are at risk of collapsing under their coronavirus pandemic debt burdens, warned a member of an influential cross-party parliamentary committee in the wake of Wednesday's budget announcement. -
Austrian paper and packaging company Mayr-Melnhof Karton has sold €1bn of long-dated Schuldscheine, in the first transaction of that size this year. The deal, which will fund acquisitions in Finland and Poland, showcases the high amounts and attractive structures companies can achieve due to a supply and demand imbalance in the German private placement market.
-
Sixt, the German car rental company, has refinanced a coronavirus pandemic crisis era loan, swapping out domestic state support for a fully commercial bank line as vaccinations provide growth hopes.
-
Europe’s syndicated loan market is demanding more of borrowers seeking sustainability-linked financing. Recent history shows the bond market lags the loan market on sustainability-linked financing innovation, suggesting investors would do well to pay attention to what is happening in the lending market.
-
Europe’s syndicated loan market borrowers are increasing the number of key performance indicators on sustainability-linked deals from the usual three, as the importance of social and governance issues increases.
-
McColl’s, the UK retailer, has amended and extended £167.5m of bank debt in part to relax covenant requirements, as banks are still being called upon to be lenient with borrowers a year after the coronavirus pandemic started.
