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LBO financing includes $5.75bn term loan to be priced early next week
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
William Liu joins from K&L Gates
Buyers line up €11bn of debt and equity financing
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In the absence of supply and amid an improving credit backdrop, CLO spreads have tightened, auguring well for January dealflow
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In October La Banque Postale became the first bank to announce it was exiting fossil fuels altogether, and the first to have a validated Science-Based Target for decarbonising its portfolio. Philippe Heim, the bank’s CEO, talked to GlobalCapital about what this path will involve, and LBP’s wider drive to create ‘impact banking’.
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Delay gives hope to progressives, but all is still to play for
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The stress and misery of coronavirus have been unequally distributed — forcing firms to work harder towards fairness
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French-led push for nuclear and gas puts credibility at stake
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Crédit Agricole blames FICC for CIB revenue roll-back