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Former investment banker has been CFO of Verbund
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The terms are out for Hong Kong-listed company Samson Paper’s HK$570m ($73m) refinancing. The deal has three arrangers, which circulated term sheets among existing lenders a couple of weeks ago. Invitations have now gone out to other banks. -
South African gold mining company Harmony Gold signed a $350m loan, making it the first in its industry to take out a loan since a new mining charter was introduced in June.
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Ukrainian loan deals are due to hit the market at lower margins than last year as miniscule interest rates and squeezed bond yields provide a more favourable market for borrowers.
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Stiga, the company known until June as Global Garden Products, is out with a refinancing loan deal led by one of its shareholders, the speculative grade investor Alcentra.
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Midea will close a five year term loan later this week, as the Chinese appliance maker refinances the €3.7bn bridge facility it used to buy German robotics manufacturer Kuka.
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Kuwait’s Burgan Bank’s Turkish branch, Burgan Bank AS, signed a dual tranche facility of around $205m from 14 banks, at slightly higher pricing than its top tier compatriots.
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