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Former investment banker has been CFO of Verbund
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India’s Nirma is set to hit the US term loan B market for financing to back its bid for Tronox Alkali, a US-based company. The flexibility that comes with selling into an institutional market pushed Nirma to pick a combination of a US TLB and a bond for its acquisition, said bankers. -
Jane Street Group, the electronic trading firm, held bank meetings in New York on Wednesday and London on Thursday for its debut syndicated loan, a $600m-equivalent term loan split between euros and dollars.
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State-owned Türk Eximbank has signed a $200m three year loan facility with the China Development Bank.
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Unilever, Eversholt Rail and Grand City Properties have all defied the season this week to bring corporate bond issues, and been rewarded with strong demand.
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Sri Lanka has reached its target of $1bn from a three year syndicated loan that was launched at $450m, after demand poured in from Indian lenders.
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Michael Kors, the US luxury fashion company, has signed a £1.115bn bridge facility for its £896m acquisition of UK competitor Jimmy Choo from majority shareholder JAB Luxury, the retail holding company of the Reimann family.
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