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Former investment banker has been CFO of Verbund
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You wait for one and then three come along at once. A trio of major Chinese technology firms have approached the loan market for funding said to be in a region of a combined $13bn, GlobalCapital Asia understands. -
When the Reserve Bank of India brought in guidelines that forced borrowers to hedge shorter-dated debt in a bid to encourage longer-term financing, it was met with an outcry about the feasibility of such a plan. But now that Power Finance Corp is out for a 10 year borrowing and set to receive a strong reception, it appears the central bank’s tough stance is paying off.
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Etisalat Nigeria will meet with 13 local lenders this week to discuss its restructuring plans for a $1.2bn loan taken out in 2013, according to the Nigerian Communications Commission (NCC).
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BMC Software, the US IT management firm, joined a packed European leveraged finance market on Monday with a €650m term loan refinancing, one of several deals launched since late last week.
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Reckitt Benckiser, the UK based health and hygiene firm, has closed the $20bn loan syndication for its approach of US-based Mead Johnson Nutrition.
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Plastic films and base oils maker, Shandong Qingyuan Group, has invited participation from retail banks for a $500m three year borrowing.
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