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Firm has added to its London team with seventh partner hire this year
Banker had worked at DB for 14 years
Marco Ferrari joins Stockholm office from Nordea
One major bank has underwritten three infra deals in the last week
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Football clubs have become revenue generating machines, and with the English Premier League set to ban clubs from borrowing from non-Financial Conduct Authority regulated institutions starting next year, GlobalCapital investigates how some of the Premier League’s biggest teams fund their operations.
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Leveraged borrowers turned the pricing screws on lenders on Thursday with Belgium’s Corialis looking to shave off a combined 125bp off existing loans while US firm Tekni-Plex has reversed flexed its dollar and euro facility.
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Belgium’s Corialis Group has launched a repricing attempt on €627m-equivalent of loans as the aluminium building systems company seeks to become the latest in a long line of price amendment exercises to hit the market.
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German Unity Day and Golden Week in Asia have given European corporate bond investors a break from new issues and a chance to consider whether the current tight level of spreads is right or too tight. Many expect more tightening to come, so picking the right sectors and geographies will be the key to performance.
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Hong Kong-listed China Tian Lun Gas Holdings has enlisted two lenders to arrange a HK$1.25bn ($160m) five year loan, invitations for which were sent out this week.
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Details have emerged on the €3.675bn-equivalent of loans for French telecom companies Altice and its subsidiary SFR, as the companies launched similar refinancing facilities into syndication.