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Marco Ferrari joins Stockholm office from Nordea
One major bank has underwritten three infra deals in the last week
Agreement includes accordion facility
Flooring company's bespoke 'super senior funding' was done away from the syndicated loan market
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Fintech payments provider Paysafe has launched a refinancing of its remaining credit facilities, following its $9bn merger with a Bill Foley-controlled Spac, which closed in March. The merger and its accompanying PIPE allowed the firm to pay down debt and cut its leverage, and now it wants to lock in the benefits with a lower-cost refi. -
Two senior leveraged finance lawyers have switched firms from White & Case to Allen & Overy in New York, following Jake Mincemoyer, who joined A&O as head of US levfin in February.
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Banks launched the first leg of the buyout package for Hillhouse Capital’s purchase of Philips Domestic Appliances on Tuesday, readying an €850m seven year term loan, with bonds to follow.
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Cambodia’s Acleda Bank has returned to the loan market after a three-year absence, and is testing lenders’ appetite for three different deals simultaneously.
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Vietnam’s VNDirect Securities Corp has tapped the offshore loan market for the first time for a $50m borrowing.
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Investment firm China Renaissance Holdings has closed its debut offshore borrowing of $300m.
