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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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Chongqing Red Dragonfly Oil is seeking an onshore loan of up to $200m as it looks to forge relationships with foreign lenders in mainland China.
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Indian pharmaceutical companies Cipla and Lupin are set to tap the syndicated loan market in 2016 to refinance bridge loans they raised for acquisitions in early 2015.
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A $1.5bn refinancing for Tata Steel that went into senior syndication in early December has been funded by 17 lenders.
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Leveraged finance markets in Europe may face growing competition from private placements as their core borrowers go for smaller tranches. Geert Arlman, mid-market director at Standard & Poor’s, shares with GlobalCapital insights from the agency’s 2016 focus research.
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In 2015 GlobalCapital asked loan market participants for their votes for the Syndicated Loan, Leveraged Finance and Private Placement Awards 2016.
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Qihoo 360 Technology is raising a $3.4bn equivalent renminbi loan to back its delisting from the New York Stock Exchange, picking China Merchants Bank to supply the funds.