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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
Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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Hunkemöller, the largest lingerie retailer in Benelux, will hold bank meetings on Tuesday for a €275m debt package backing its $483m (€443m) acquisition by the Carlyle Group from PAI Partners.
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Chinese company Haier has enlisted three lenders to fund its $5.4bn acquisition of Kentucky headquartered GE Appliances.
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Development Bank of the Philippines (DBP) has opened a $300m three year loan to retail participants, having picked the mandated lead arrangers and bookrunners in mid 2015.
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Simon Allocca, head of loan markets at Lloyds Bank, is moving to a new job at the bank.
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Indian data service provider Tata Communications is understood to be in talks with lenders for a loan of $250m.
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EPH — Markit — BankDhofar — Tele2 — Infinitas — LGC