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Agreement includes accordion facility
Flooring company's bespoke 'super senior funding' was done away from the syndicated loan market
Scrabble expected to sign deals before summer
UBS promotes bankers to replace leveraged finance specialist
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The UK’s DFS Furniture is in talks with its lending group for an additional credit facility of up to £70m to sit alongside the sofa seller’s main bank line, as companies continue to lean heavily on their lenders to get them through the worst of the coronavirus pandemic. -
Chinese property firm Country Garden Holdings Company is wooing lenders to a $140m loan to support its investments in two start-ups.
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ArcelorMittal, the steel company headquartered in Luxembourg, has signed a $3bn new loan facility with four banks.
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Chinese chemical company EcoGreen International Group has returned to the offshore loan market after a three year break for $150m.
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US banks this week reported stellar returns from trading and underwriting in the first quarter, even as the bottom line was hit by gigantic writedowns and reserves for credit losses, as the economic and financial disruption from the coronavirus crisis took its toll.
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Lazard hires restructuring lawyer — Former GSO MD joins Kennedy Lewis — RBC picks high yield and loan sales head
