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Former investment banker has been CFO of Verbund
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility
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Banque Pour Le Commerce Exterieur Lao Public (BCEL), the biggest state-owned lender in Laos, is set to make its offshore loan debut with a $100m four year facility. -
Two Chinese firms have received the National Development and Reform Commission’s approval to tap the offshore loan market for funding.
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Samson Paper raised HK$780m ($100m) from its latest outing to the syndicated loan market, with strong demand lifting the deal from an initial size of HK$570m.
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Stada, the German pharmaceutical firm, has shrunk its leveraged loan by €250m and increased its high yield bond by the same amount, ahead of the loan's commitment deadline on Thursday.
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Türkiye İş Bankası signed a $1.1bn dual currency syndicated loan on Monday with 33 banks at a spread 10bp lower than its first loan this year in May, in line with its peers.
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Asklepios Kliniken, a German chain of hospitals, launched a €300m triple tranche Schuldschein on Wednesday with pricing that could tempt a wide variety of lenders.
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