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The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses
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
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One week after the UK voted 'Out' of the European Union, euro leveraged loan market participants say there will be consequences but not fundamental shifts like those seen in 2008. -
Refresco Gerber, the Dutch drinks bottling company, lost one bank and added two new ones to its syndicate in its €872m refinancing which saw strong demand, the firm said.
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Indian company Piramal Healthcare has sealed a $145m refinancing bridge loan with four lenders.
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Home building materials maker China Lesso Group has approached the loan market for a $300m borrowing, some two years after sealing its debut syndicated facility.
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While a handful of loans were put on hold following the UK’s vote to leave the EU, several deals already in the market are braving the choppy waters, with leveraged loans the first in line for external shocks.
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Syndicated loan documentation has been in the spotlight since the UK voted to leave the European Union, with some market participants asking whether Brexit-related clauses might be invoked to block deals, and others questioning the continued use of English common law.
