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Former investment banker has been CFO of Verbund
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Hensoldt, the KKR-owned defence electronics firm, held a lender call on Wednesday morning for a €170m incremental term loan, following its acquisition of avionics business EuroAvionics. The deal comes as some investors are concerned the leveraged loan market could return to the extreme conditions of earlier in the year. -
PortAventura, the Spanish theme park operator, has scheduled a bank meeting for Thursday morning in London for a €620m seven year term loan ‘B’ refinancing and dividend recapitalisation.
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Troubled Croatian supermarket group Agrokor, now under the control of a government-appointed commissioner, has filed an action in a Zagreb court to lift a clause in the employment contracts of its previous senior management that shields them from the costs of legal action against the company.
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Park Square Capital has hired an executive director from Goldman Sachs into its direct lending team, as well as promoting three partners from within, as it builds out its private debt business.
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Corporate borrowers hit the bond market early this week before Thursday’s Ascension Day holiday on the continent, and bankers expect issuance to drop off sharply in the coming days.
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Chinese digital map provider NavInfo has signed a €110m loan to fund its acquisition of a stake in a European company.
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