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Centralisation, competitiveness and cyber-risk will be political flashpoints
Société Générale and Standard Chartered provided euro and yen tranches respectively in first World Bank-backed transaction involving the Japanese currency
HSBC, Mizuho and Standard Chartered coordinated deal which drew 10 lenders
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High yield and leveraged loan issuance was almost at a standstill this week amid worries about the eurozone, but some fund managers were calling for borrowers to be braver.
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More details of Telecom Egypt’s dollar financing have emerged that show the extent of Chinese state support for the company.
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Chinese footwear brand Belle International is returning to the offshore loan market to amend and extend a borrowing signed last year, as well as to raise funds for dividend recapitalisation.
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High yield bonds have sold off as financial markets have been rocked by the collapse of Italy’s coalition government-in-waiting — but a deeper concern is that the real cause of the weakness is anxiety about Europe’s economy itself.
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French car company Groupe PSA has amended its €3bn revolving credit facility, stretching out the maturity out by five years.
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Italy’s Assicurazioni Generali has added sustainable features to its refinanced revolving credit line, as Italy’s largest insurance firm joins the growing number of borrowers pursuing green loan funding.
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