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Former investment banker has been CFO of Verbund
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CVC this week set pricing on a Z2.7bn ($661m) loan that finances its acquisition of Polish supermarket Żabka Polska. The banks will have their first syndication call on Friday. -
Cerba has increased its buyout term loan to €794m after dropping a planned bond. It is the second successive large cap buyout this year in which that has happened.
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Slovenian steel group, SIJ, has signed its first syndicated loan for €240m, leading the way for more corporates from the country.
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Leading Chinese technology firms including Alibaba Group Holdings, its affiliate Ant Financial and Tencent have swept into the loan market and are said to be seeking a collective $13bn-$14bn. Given their acquisitive tendencies, their latest fundraisings have found strong support from relationship lenders, despite political risks surrounding some of the targets, writes Shruti Chaturvedi.
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State owned Turk Eximbank attracted 22 banks to its €421m refinancing deal, according to a banker on the deal.
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Wells Fargo Asset Management has hired a new portfolio manager in its ECM Asset Management subsidiary.
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