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Agreement includes accordion facility
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Scrabble expected to sign deals before summer
UBS promotes bankers to replace leveraged finance specialist
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Lombard Odier has made two senior hires to help cultivate sustainable private credit strategies. -
Vietnam Technological and Commercial Joint Stock Bank is in discussions with lenders for a comeback to the loan market.
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European loan bankers have been trying to convince corporates to switch their loans to risk-free rates sooner rather than later as the Libor deadline looms, but so far borrowers are largely ignoring their pleas.
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HSBC loans banker Ashish Sharma has taken on additional responsibilities, co-leading Asia Pacific leveraged and acquisition finance with Rachel Watson.
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Ion Analytics has had a successful second outing in the leveraged loan market, placing its revamped deal tighter than talk and at a smaller discount. The result makes up for Ion suspending the original deal in November, in the face of US election fears and resistance over its terms.
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Goldman Sachs is trying to steal a march on rivals as it looks to turbo-charge its European business by leading the listings of the region’s most vibrant start-ups, writes David Rothnie.
